[DINKDINK]

>There is no such thing as "wasted energy".

Your argument's basis is detached from reality: https://orientalnewsng.com/global-gas-flare-heightened-by-15...

Thankfully, there are market participants who are capturing this previously-wasted energy and putting it to use: https://hashrateindex.com/blog/flared-gas-bitcoin-mining-101...

[throw0101d]

How many coins were mined in 2023? How many transactions were completed in 2023? What percentage of each used this so-called "wasted energy"? 100%? 75? 35? Other?

And in 2022? In 20221?

How about the miners that are using coal plants?

* https://www.theguardian.com/technology/2022/feb/18/bitcoin-m...

* https://www.indystar.com/story/news/environment/2023/12/05/c...

Is that using "wasted energy"?

[derangedHorse]

At the end of the day you're just having a value disagreement with those of us who are Bitcoin proponents. You don't think the energy is worth what Bitcoin brings the world, while we do. Bitcoiners seem to jump through hoops to prove that they are leading the way in clean energy generation and consumption, yet to you *any* energy spent on Bitcoin will always be a waste.

This makes the only acceptable energy for Bitcoin to morally use be self-generated, clean, and has no impact to you whatsoever. A failure to recognize this fundamental belief will always lead to you belaboring your point. The only thing I can leave you to think about is whether you truly believe Bitcoin is the biggest "waste" of energy for you, or why there aren't as many conversations about the consumption of the rest of the 99% of energy demand (the CBECI estimates Bitcoin took about 0.1% - 0.9% of global electrictity demand[1]).

[1] https://www.eia.gov/todayinenergy/detail.php

[boesboes]

if you think crypto is only using wasted energy, you are detached from reality