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by arcticbull 1524 days ago
That renewable energy is still a net negative for society because it’s not being used to decarbonize the actual grid we do productive things with - while generating mountains of ewaste.

You know 97% of all bitcoin mining hardware will be thrown out without ever mining a single block in its entire useful life? Just heating up the ol planet.

It’s an embarrassment that we even try to justify any aspect of it as a profession. Society needs us to step up and call this emperor nude.

You know every time the price goes up, the waste budget does too, and the perverse incentive is miners are rewarded for wasting more.