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flixic | 4 years ago

Current comments seem to be responding to the wrong topic. This article is not at all about energy use, but about mining hardware lifetime and resulting eWaste. Which seems like a legit argument, and harder to dismiss with "but it uses renewable energy".

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invalidname|4 years ago

I'm sure you know it but it has to be said that the "it uses renewable energy" argument is the dumbest argument ever. That means it takes renewable energy reserves away from something useful like replacing coal, gas etc. If we were already at 100% renewable energy then sure... but at this point in time it's just the dumbest argument ever.

me_me_me|4 years ago

Or maybe its creating demand on renewable that drives companies to invest more into renewable energy generation.

ajkdhcb2|4 years ago

>it takes renewable energy reserves away from something useful

Not necessarily true because energy transport and storage can be a serious issue that makes other usages impractical. Bitcoin mining can be done at the energy source regardless of the location.

thathndude|4 years ago

As soon as I read the article, this clicked immediately, but I foolishly had never considered it before.

About five minutes before this comment, I just bought the new iPhone. And, no doubt, many people, perhaps rightly, would criticize the yearly upgrade. A coin functions at a much much larger waist scale than my yearly upgrade. Kind of mind-boggling the more I try and wrap my head around it.

HelixEndeavor|4 years ago

Not to mention you presumably don't throw your old iPhone in the garbage after you upgrade.