5 ms·
In all fairness I think we should consider the amount of energy spent to mine gold every year too (as well as the environmental impact), and that's just to mine
by swensel 5y ago
In all fairness I think we should consider the amount of energy spent to mine gold every year too (as well as the environmental impact), and that's just to mine it, not to mention refining, auditing, transporting, securing, etc.
The energy spent on Bitcoin includes mining, auditing, transporting, securing, etc. It is interesting, at least, to consider that mining Bitcoin is all inclusive. All the energy spent supports the global network.
I think it's worth looking into if Bitcoin actually has some benefits. I don't think this is a clear cut issue and outright statements like, "it really has to stop", IMO, isn't going to help at this time.
- wmf 5y agoThis is more a case for banning gold speculation and Bitcoin.