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hypnotortoise | 5 years ago

> the current bitcoin energy use is easily comparable or greater than the energy use of the people, buildings etc of the global finance industry

But energy consumption behavior of all people who are deployed in the global finance industry ≠ energy consumption of the median of Argentinan/Ukrankian people. I think you can agree that most people who work in finance are generally in at least low middle-class to super wealthy. If you compare the mobility/consumption index of such a class to median income level of countries where wealth is generally much lower, the equation changes drastically in favor of computers doing the job without having the urge to fly to fiji over the WE, up to 4x between poor and lower middle-class already [1]

[1] https://ourworldindata.org/co2-by-income-region

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