Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by throwaway554 on Sunday November 21, 2021 @06:18AM
(#29295521)
56% of energy used for Bitcoin mining is coming from renewable sources of energy.
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Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by gjulianm on Sunday November 21, 2021 @06:24AM
(#29295556)
Is there a source for that? Last time I checked there weren't reliable reports even on total energy usage, much less energy sources.
Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by throwaway554 on Sunday November 21, 2021 @11:18AM
(#29297329)
Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by gjulianm on Sunday November 21, 2021 @12:13PM
(#29297868)
That's a self-reported survey by members of a Bitcoin mining council, which represent an unknown portion of the total mining capacity, and if I'm correct the term "sustainable energy" includes "carbon-based energy with net emission credits". It doesn't seem the most reliable source to me.
Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by malermeister on Sunday November 21, 2021 @12:31PM
(#29297999)
In other words, 44% comes from non-renewables.
It's not like those 56 are free either, we could use that energy to run more important things instead that crypto is taking away from.
Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by throwaway554 on Sunday November 21, 2021 @01:02PM
(#29298237)
In many cases, you can't use the energy that is used for Bitcoin mining for anything else, since there are simply no consumers next to the renewable energy source.
Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by Applejinx on Sunday November 21, 2021 @06:42AM
(#29295653)
That is one heck of a waste, at a time when managing the thermal runaway of our planet is a matter of great and immediate urgency.
Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by throwaway554 on Sunday November 21, 2021 @11:20AM
(#29297356)
Separating money from the state is worth the cost.
Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by malermeister on Sunday November 21, 2021 @12:29PM
(#29297984)
I think this is what every crypto argument secretly comes down to, this ideological disagreement.
I don't want money to be separated from the state, and especially not at a cost.
One man's crypto-anarchocapitalist utopia is another man's dystopian capitalist nightmare that we sacrificed our environment for.
Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by throwaway554 on Sunday November 21, 2021 @12:52PM
(#29298158)
Imagine telling a guy who lives in a state with over 15% inflation rate that he's destined to stay poor because some people in first-world countries think that hard money is an utopia.
Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by malermeister on Sunday November 21, 2021 @12:55PM
(#29298183)
I never said money in any form is an utopia.
The utopia would be post-money imo and moving money away from the state would make that harder to achieve.