this post was submitted on 29 Nov 2023
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https://digiconomist.net/bitcoin-energy-consumption
Okay, but it's not as if electricity consumption isn't more than enough by itself to prove bitcoin a worse than useless idea.
It's fine if it's renewable electricity
That energy could still be going somewhere else or used to make hydrogen. Plus making the cards is pretty material and energy intensive.
Why is making hydrogen useful? The universe is 99% hydrogen.
The atmosphere of earth is 0.000055% hydrogen, so it's not common here. But it's useful because it's an easily transportable energy storage medium.
What doea bitcoin do for the world?
is use by cryptobro