this post was submitted on 02 Feb 2024
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I see you completely ignored my comment. The problem is not the amount of electricity used in itself, which the estimate of 6GWh-130TWh is as precise as shooting a dart at the moon.
Crypto uses energy for the sake of using energy. The value of crypto is based on the amount of energy used to create it. It's not valuable to society. That's what people is upset about. Crypto provides even less value to society than ads do.
Even you said it, ads spend energy because they employ people, those people generate value.
That's like saying we should stop heating homes because it consumes more energy than crypto mining. Hose heating improves the quality of life of people. Crypto does not.