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A comment on Scaleway announces measures against abusive Chia plotting and farming. Parent comment

Re:Scaleway announces measures against abusive Chia plotting... by AlexandrB on Thursday May 20, 2021 @05:11PM (#27227335)
That's a pretty low bar. To be a net benefit it should emit less carbon than traditional payment processing. If you set my house on fire you don't get to call saving my cat a "net benefit".
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Re:Scaleway announces measures against abusive Chia plotting... by throwaway894345 on Friday May 21, 2021 @10:52AM (#27234786)
I don’t think you understand what “net benefit” means. It does not mean “the most optimal state”, it only means “better than the status quo”. In this case, the status quo for crypto is compute-based, so storage-based crypto is a net benefit if it beats compute-based crypto. Saying something is a net benefit doesn’t imply that it is optimal, so I’m specifically not suggesting that storage based crypto is optimal (indeed, I’m not even sure it is a net benefit; I only said “if it emits less carbon, then it very likely is a net benefit”).
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Re:Scaleway announces measures against abusive Chia plotting... by spentrent on Thursday May 20, 2021 @05:34PM (#27227612)
How much carbon is emitted by traditional payment processing?
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Re:Scaleway announces measures against abusive Chia plotting... by AlexandrB on Thursday May 20, 2021 @05:58PM (#27227941)
As an example: https://www.statista.com/statistics/881541/bitcoin-energy-co...

I'm sure modern, all digital, methods like Venmo or PayPal use even less.

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Re:Scaleway announces measures against abusive Chia plotting... by bluescrn on Thursday May 20, 2021 @05:54PM (#27227888)
Less than the carbon that would be emitted by doing everything with physical banknotes, coins, and precious metals?
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