this post was submitted on 09 Feb 2024
988 points (97.1% liked)

Technology

59148 readers
2261 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
988
Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption (www.tomshardware.com)
submitted 9 months ago by [email protected] to c/[email protected]
360 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 0 points 9 months ago

That would be great! And I'm sure there are people doing it. And if 2.3% of the US Power grid were dedicated to that I'm sure some people would be upset about it too

My basic point is I don't think there is anything morally wrong with Bitcoin miners using energy, even though this is a narrative that is very popular now. There are plenty of other valid criticisms of Bitcoin, but I don't think this one stands up to scrutiny.