Re:Internet disrupted in Kazakhstan amid energy price protests
by beckman466 on Wednesday January 05, 2022 @10:23AM
(#29810050)
> Even if it's green, wouldn't it be better if that produced energy goes somewhere to replace non-green energy, rather than to calculate hashes that are mostly thrown away?
yep, that's my argument above. and i personally wouldn't say hashes "are mostly thrown away", i would argue they're all thrown away, especially when considering this 'tech' will become defunct in a few years.
βIn what may be the best expression yet of capitalist realism, a new tool for free market speculation has become for many a populist symbol of resistance to the ravages of finance capitalism.β
https://mronline.org/2021/12/28/cryptocurrencies-a-view-from...
Obviously it's all stupidly chaotic, there might be a huge waterfall somewhere, and if we ignore the natural beauty aspects, before some cryptobros show up with money (however tangible) to build a hydropower plant and some wires to their container site, that waterfall's energy is not being utilized...