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by WorldMaker
1480 days ago
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You have a very different understanding of the word "mostly" than I do. You are also presuming that by the parts not covered by "mostly" in my hedge that I mean "positive sum", but I very much was considering and including cases that are truly "negative sum" games where more consumption is actively worse for all players involved. (For physical example: blackouts and brownouts.) You are also assuming that Bitcoin is a good use of energy, which is also not something that I would agree with. Bitcoin mining is a massively distributed partial preimage attack on a cryptographic hash function of some importance to internet/world security and I have a very hard time seeing that as a good (both as in good ethics and as in good utility) use of energy. |
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But, bitcoin mining at flare gas sites disconnected from the grid is a significant source of the amount of energy being used bitcoin mining, and this use reduces pollution and emission over 60%, and it takes away from nothing else. And if there was any vigilance towards proof of work it should be to ensure more of this happens, and less of other sources. because obviously the flaring isn't going to stop, and the proof of work isn't going to stop, so lets focus on the parts you can influence.