Re:Ethereum will use around 99.95% less energy post merge
by matheusmoreira on Tuesday May 18, 2021 @12:57PM
(#27197566)
The problem isn't even bitcoin mining, it's pollution. The energy usage wouldn't matter at all if it was generated via renewable sources such as solar.
People who want to see real change need to deal with fossil fuels. Taxing mining operations will do absolutely nothing to solve the actual problems of this world.
Well, some environmental activists try by turning off oil valves[0], just like environmental activists are upset with Bitcoin.
> You have big entrenched organizations such as the oil industry doing far more damage.
People who criticize Bitcoin for its environmental impact don't give a pass to oil companies. The issues overlap, like in Texas where they plug Bitcoin mining rigs straight into the oil well[1].
But I hear you. All big entrenched organizations must be held accountable. Of course.
[0]: https://abcnews.go.com/International/wireStory/companies-dec...
[1]: https://www.independent.co.uk/climate-change/news/bitcoin-mi...