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by ballenf
3122 days ago
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Why is energy consumption itself become a bad thing? I get greenhouse gas emissions being bad, but why make energy consumption itself a negative? Not to mention that "consuming" energy is somewhat a fiction: it's more so changing the entropy of a system. True consumption of energy, at the extreme, would imply sending energy into deep space (any direction other than the sun really) where it can never be recovered. Is the problem that such entropy changes usually (always?) result in at least some heat loss? And the the planet is warming, so heat itself is seen as a negative? To make my point a different way, if a mining rig were 100% solar and 100% efficient (both fantasy, of course), then it could consume unlimited solar energy with no ill effects. Thus basing our judgment on energy consumption instead of waste heat and energy source issues seems misguided. Is it just too complicating to discuss this in terms of CO2 emissions and waste heat, instead of Watts alone? |
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Fun Fact: The article says Bitcoin mining consumes ~1.1 GW of power. There is currently a massive political struggle over the construction of "Site C", a 1.1 GW Hydroelectric dam in British Columbia, Canada. Construction on that dam began last year, but public opposition caused a new provincial government to review the dam construction. The dam will flood 93 square kilometers of land but produce 5.1 GWh of low-carbon electricity annually, about 53% of the articles assumed Bitcoin mining consumption of 9.6 GWh (which is = 1.1 GW x 8760 hours/year). Whether construction of the dam will be cancelled or resumed, the decision will be controversial! (The decision will be announced before the end of the year).
In summary, bitcoin mining from renewable energy sources is desirable, but bitcoin mining (and all other forms of computing) will always have some negative impact. That is something we need to be aware of.