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by inter_netuser
1590 days ago
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Usually, when you don't have enough of something - you go and build it. Bitcoin requires only as much power as a tiny country size of Portugal/Netherlands, less than 1% of electricity consumption globally. Less than dishwashers, heated pools or computer games use. Perhaps we should ban these also? If anything, we should be thankful Bitcoin exposed the inability of renewables to scale in practice. |
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Riiight. "Tiny".
Netherlands is number 31 and Portugal is 52 by electricity consumption out of 216 countries. https://en.wikipedia.org/wiki/List_of_countries_by_electrici...
To put it in context: you could power all of Argentina with the power bitcoin wastes. Big enough for you? Or Nigeria five times over (that's 200 million people times five).