this post was submitted on 09 Mar 2024
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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There are a few bitcoiners out there who try to claim, with a straight face, that more bitcoin mining = more greener.
As far as I can tell the argument basically boils down to "we'll just use SO MUCH electricity that the utility will have no choice but to invest in green energy just to keep up" -- but honestly I can't make heads or tails of it.
That’s it. That’s the argument.
yep. and I like using the rule 34 defense on them: "if that were desired, someone already would've made it"
these fucking clowns permanently don't want to acknowledge (or just stay willfully ignorant about?) the fact that it's easier to do cost and regulatory arbitrage by hunting for presently-favourable miner locations from which to burn electricity than it is to invest into (and possibly, likely even, invent!) whole-ass new green tech with sufficient output for their preferred ourobouros
Oh that’s accelerationist drivel if I’ve ever seen it.
Also, this has been bouncing around in my head ever since I’d learned of the term: “e/acc? More like, “Eek! Ack!”
Yea kinda like during a famine the best course of action is for everyone to hoard and binge on as much food as possible. That will force the crops to become more bountiful.