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Re:Bored Ape virtual land sale breaks Ethereum by cuteboy19 on Monday May 02, 2022 @06:16PM (#31241728)
0.1 % of the world's energy is used by this, and growing. It is no longer ignorable.

And anyways most mining is inaccessible to regular people. It is gigantic corporations doing all the mining these days. Etherium runs mostly on AWS.

E: AWS claims that 25% of ETH workloads run on AWS

https://aws.amazon.com/blockchain/

Re:Bored Ape virtual land sale breaks Ethereum by thorncorona on Monday May 02, 2022 @06:36PM (#31241987)
> The industrial sector accounts for 30% of global emissions and roughly 37% of global energy consumption. This huge share of climate-changing emissions from one sector is an equally huge opportunity for emissions reduction on a global scale.

It's quite literally a rounding error. You're focusing on trivialities compared to actual polluters.

It doesn't really matter whether it's accessible to regular people. Container ships aren't exactly accessible to regular people either.

Eth most definitely doesn't run off AWS. Way too expensive lol.

https://www.weforum.org/agenda/2022/01/decarbonizing-heavy-i...

Re:Bored Ape virtual land sale breaks Ethereum by rvz on Tuesday May 03, 2022 @03:44AM (#31245754)
> Eth most definitely doesn't run off AWS. Way too expensive lol.

Then what are all of these Ethereum nodes doing on Amazon.com then? [0][1][2]

The evidence here satisfies the claim that >25% of ETH workloads are running on AWS. Worse than the original claim of just 25%.

Don't bother denying it.

[0] https://coinful.net/amazon-managed-blockchain-supports-ether...

[1] https://aws.amazon.com/about-aws/whats-new/2021/03/announcin...

[2] https://ethernodes.org/networkType/Hosting

Re:Bored Ape virtual land sale breaks Ethereum by dralley on Monday May 02, 2022 @06:54PM (#31242166)
Replacing cryptocurrency can literally be done overnight. That's not true of international shipping.
Re:Bored Ape virtual land sale breaks Ethereum by GaylordTuring on Monday May 02, 2022 @07:21PM (#31242429)
Yes, it could, if you don’t account for the psychology of humans who might be caught in tragedy of the commons situations, stuck in local maxima, or simply have irrational thoughts across the board. That’s a big if though. For example, we have already “solved” global warming with the invention of nuclear power. The only thing holding us back is the psychology of people who thinks that using nuclear power is bad.