Read on Twitter
https://www.reuters.com/article/us-crypto-currency-tesla-climate-insight/elon-musk-wants-clean-power-but-teslas-carrying-bitcoins-dirty-baggage-idUSKBN2AA193
If you don't understand PoW, please stop writing about it. BTC mining is - and remains - one of the cleanest forms of computing by datacenter distribution.
If you don't understand PoW, please stop writing about it. BTC mining is - and remains - one of the cleanest forms of computing by datacenter distribution.
Educate yourself, or let @SGBarbour educate you: https://sgbarbour.medium.com/bitcoin-an-ultra-efficient-financial-settlement-layer-b2a9ab5a44a2?source=social.tw
And if you're not a fan of the written medium, let @nic__carter school you here: https://www.bloomberg.com/news/videos/2021-02-09/what-people-get-wrong-about-bitcoin-s-climate-footprint-nic-carter-video
Don't trust Nic? That's ok. Go trust @Melt_Dem, then. https://coinshares.com/insights/beware-of-lazy-research-bitcoin-mining-update
Maybe, just maybe, these people understand what they're talking about.
Stop being stupid. BTC Mining has spurned more renewable _products_ in the last few years than traditional computing, and is secure BECAUSE of the energy it consumes, not in spite of.
Stop being stupid. BTC Mining has spurned more renewable _products_ in the last few years than traditional computing, and is secure BECAUSE of the energy it consumes, not in spite of.
"Environmental vandalism", they call it: https://www.theverge.com/2021/2/9/22275243/teslas-bitcoin-purchase-clashes-climate-change-mission
So what do we call stranded gas? Something that can be actually consumed - in bulk, with little hassle - by BTC mining, by folks like @upstreamdatainc and @CrusoeEnergy.
So what do we call stranded gas? Something that can be actually consumed - in bulk, with little hassle - by BTC mining, by folks like @upstreamdatainc and @CrusoeEnergy.
But that doesn't fit into the narrative, does it?
BTC Mining consumes ~123 TWh. Banking infrastructure consumes ~140 TWh - but has a hell of a lot more overhead in other areas.
BTC Mining consumes ~123 TWh. Banking infrastructure consumes ~140 TWh - but has a hell of a lot more overhead in other areas.
We don't bitch about how much online gaming consumes in TWh (~577 TWh); we don't bitch about how much the Internet consumes in TWh (a stupid amount); and we don't bitch about how much Facebook consumes (7.2 TWh), but these can be arguably 'wasteful' activities.
Would be interesting to see how much TWh Reuters, BBC, The Verge and other news outlets consume. 
"Total Electricity End Use in the US from 1975 to 2019".
