In a NY Times investigation of US crypto mining facilities, they identified 34 operations that together use as much energy as 3 million households. Just shut these fuckers down - useless energy consumption like this is straight-up immoral. (via @marcprecipice) nytimes.com/2023/04/09/busines…
Dr. Juande Santander-Vela
in reply to kottke.org • • •could not agree more. What’s worse, this is not just a US problem, this is a world’s problem. This study can be probably replicated in many places.
And if memory serves well, there were some large bitcoin mining places in countries with very cheap electricity… which of course is polluting those countries and making electricity less cheap for their citizens.
Matthew Kagle
in reply to kottke.org • • •Dan Sugalski
in reply to kottke.org • • •In addition to burning the planet it's also driving up our power bills and delaying scrapping dirty power plants.
Crypto is total trash. The best time to ban it was years ago, the second best time is right now.
Shannon
in reply to kottke.org • • •AnneTheWriter
in reply to kottke.org • • •1) Just a reminder that as #AI and #chatbots are taking off, demand for #electricity and other #energy usage will also increase. We should keep this in mind as we discuss advances in #InformationTechnology.
2) As #SenatorWarren pointed out recently, big-money #ransomware #cybercrimes will only use #cryptocurrency for payments.
I don't foresee the politicians, who are in the hands of big-money donors, ending #crypto completely. But at the very least they should find a way to regulate it and bring it under control.
Lazarou Monkey Terror 🚀💙🌈
in reply to kottke.org • • •bassplayer
in reply to kottke.org • • •