[Shamii]

This article is literally garbage.

It completely ignores that what Bitcoin is doing is a total waste.

Yes Bitcoin might use energy which might not could be used otherwise but it is literally better for our environment not to use this energy instead of creating heat and hardware garbage.

He also tells a lie that Bitcoin miners are happy to only consume excess energy while Bitcoin miner do the total opposite: they consume as long as it is financial success NOT as long as the energy is unused.

He even tries to make the new York Bitcoin power plant 'green' by stating that it also creates heat for the neighborhood and just bluntly ignores that this power plant consumes natural gas to calculate worthless hashes and heat.

The fact is that plenty of countries ban Bitcoin mining because it disrupts there power network, because it undermines the financial control and because what also happens that people are now able to steal power.

And yes in the USA there are people doing Bitcoin mining today and also paying for ac to cool it down and no one is doing Bitcoin mining because it's green (which it isn't) but because the energy price is lower as the hype of Bitcoin.

That's the only reason.

And it's the most shittiest reasons to burn through energy and hardware.

Fuck you Bitcoin miners fu

[usrbinbash]

> Yes Bitcoin might use energy which might not could be used otherwise

Even using the electricity to literally just pump water uphill would be a better use than to pump it into the blorkchain:

https://en.wikipedia.org/wiki/Pumped-storage_hydroelectricit...

And if the world is looking for something to do with surplus electricity:

https://en.wikipedia.org/wiki/Desalination#Energy_consumptio...

Considering the fact that 1/10th of the worlds population have no access to safe drinking water, this would be a far better use ;-)

[vmception]

yeah we get it, it doesn't matter if any of those points improve or stop happening because at the end of the day your goal post will continue moving to "bitcoin is a total waste because I don't respect it anyway"

and thats not an absolute for everyone.

[Shamii]

It's the fundamental problem of Bitcoin right now.

Right now and for a few years already this is ongoing and is hurting people and our planet.

And I did put up clear arguments don't put 'i don't respect it's in my mouth. I did not say that.

I'm not saying crypto coins itself is nothing we should research but we don't need to support Bitcoin to continue researching the technology or the idea behind it.

[vmception]

Okay, you're right you didn't say that.

I don't feel that bitcoin is a total waste although I do feel their development roadmap and consensus making community hamper its competitive ability, in comparison to competing crypto coins.