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by tsimionescu
1671 days ago
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There's rarely such a thing as 'wasted energy' outside crypto. Energy can be exported (even if at low efficiency) or stored in various forms (pumping water up a mountain, hydrolisis of water to fuel hydrogen plants, etc). Unfortunately, Bitcoin, Ethereum et al are actively making these productive uses of energy un-economical, as they have worse return on investment than simply burning that energy on crypto. |
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There is a lot of resources getting wasted in the real life. For example I'm from East Europe and we do not have good water pipes' infrastructure and lots of water gets leaked every month.
Speaking of wasting and leaking electricity I did a quick Google search and this is what I found:
"Are your appliances leaking electricity? Some of you might not be familiar with what this means. Not only do we have more small- and medium-sized appliances than ever before, but many of these never really stop using electricity. For example, if the television has a remote, then part of the TV is always on, waiting for a signal from the remote. If there is a clock on the microwave then the microwave is always using some electricity. Experts call this usage "standby consumption" or "leaking electricity" because people are often not aware that the appliance is using electricity.
A single appliance usually leaks only a small amount of electricity each hour (see Leaking Watts Chart below). Since these appliances leak electricity whenevery they are not turned on, and since people have a lot of these appliances, the amount of leaking electricity is significant. The average household spends about $40 a year on leaking electricity. The federal government works with appliance manufacturers to reduce the amount of electricity that leaks out of new appliances[1]."
Also here is another good resource on electricity leak which is related to the first web document I linked[2].
And then how much food is getting wasted every month globally? Probably billions of dollars of food is getting thrown away every month.
[1] https://www.uwsp.edu/cnr-ap/KEEP/nres633/Pages/Unit3/Section...
[2] https://www.teachengineering.org/content/cla_/activities/cla...