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Re:Finland starts much-delayed nuclear plant, brings respite... by shaky-carrousel on Saturday March 12, 2022 @04:43PM (#30655168)
You'll need three times more to power all the standby devices in the US, and nobody is doing something as simple as to powering down their tv/console when they stop using it. People don't even unplug their chargers after their phone is charged.
Re:Finland starts much-delayed nuclear plant, brings respite... by trompetenaccoun on Saturday March 12, 2022 @06:57PM (#30656364)
Do you have a source for the standby power consumption of US devices being 3x the Bitcoin network's consumption?

Edit: Found one myself: https://ccaf.io/cbeci/index/comparisons

Interestingly gold mining also uses more electricity than Bitcoin mining and that doesn't even include the associated costs of pollution, cleanups etc. Gold also isn't a network that can transfer value. On the other hand some of it is used in industrial applications.

Re:Finland starts much-delayed nuclear plant, brings respite... by laurent92 on Saturday March 12, 2022 @06:05PM (#30655888)
> unplug their chargers after their phone is charged

To me, that’s a flaw of the charger if it keeps working when no device is connected.

As for TVs and others, we need to mandate a front-facing power switch, because most TVs/devices don’t have one anymore.

Re:Finland starts much-delayed nuclear plant, brings respite... by bamboozled on Saturday March 12, 2022 @05:55PM (#30655800)
I know but... Bitcoin!!!!!!
Re:Finland starts much-delayed nuclear plant, brings respite... by phatfish on Saturday March 12, 2022 @06:36PM (#30656157)
Seems like there are two colossal wastes of energy that need to be fixed.
Re:Finland starts much-delayed nuclear plant, brings respite... by chii on Saturday March 12, 2022 @10:16PM (#30657562)
it's not a waste if the receiver of the service is paying for the service.
Re:Finland starts much-delayed nuclear plant, brings respite... by pavlov on Saturday March 12, 2022 @11:41PM (#30658025)
That’s… not the definition of waste.

Have you ever worked at a big corporation? They pay for some stupid useless shit just because it’s nobody’s job to stop paying for the service.

Re:Finland starts much-delayed nuclear plant, brings respite... by chelical on Sunday March 13, 2022 @04:25AM (#30659158)
I think the point is that the only way to reduce crypto profitability is to impose a soft limit on electricity by massively increase the cost of electricity if you exceed a certain allotment. Otherwise, there's no real way to tell if someone is mining crypto or if they just using a lot of electricity unless it's a massive mining operation.
Re:Finland starts much-delayed nuclear plant, brings respite... by chii on Sunday March 13, 2022 @06:24AM (#30659923)
Why is crypto a waste, but another equivalently large use of electricity isn't?

If somebody was growing weed indoors, or they're smelting aluminium, then they're not wasting?

Re:Finland starts much-delayed nuclear plant, brings respite... by chii on Sunday March 13, 2022 @12:42AM (#30658338)
> They pay for some stupid useless shit

and who's to judge it was useless? If you're the one paying, then you can make this judgement. Otherwise, you're merely putting your own moral values above someone else's.