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by robocat
1862 days ago
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Gold mining is similar, although obviously not to the same extreme. Only 8% of the output is used industrially. https://www.statista.com/statistics/299609/gold-demand-by-in... So gold mining is only 90% waste, whereas Bitcoin mining gets close to 100% waste. Then again, perhaps printed dollars could perhaps also be considered highly wasteful? |
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