371
Bitcoin miners win legal battle to keep mum about energy use [US]
(www.theverge.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 27 Feb 2024
371 points (94.7% liked)
Technology
58135 readers
4540 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
This is dumb but only because we don't worry about energy use any other time. Tons of places in my city keep all their lights on 24/7 unnecessarily, we all are sitting on a "useless" social media, video games and movies and music are all energy uses. I don't want the government to start limiting energy use on things it deems unimportant. Who gets to decide what counts? Just implement a carbon tax and energy use will go down if people don't want to pay. We don't need to police everyone's usage, we just need the cost to actually reflect the externalities.
I want to agree with you, but crypto mining is orders of magnitude more energy than the worst lazy energy leaks.
Not that I don't believe you, but do you have a source for that?
There were sources in the article that says that Bitcoin mining basically wasted a countries worth of resources, increasing our overall electric bills.
Yeah I see that now. Thanks for pointing it out. It did take a minute to go through and find the actual sources as The Verge likes to source themselves. So I'll put the two (at least I think) sources.
This source shows where most of the mining is taking place.
This is the second source that shows how much Energy is being consumed.