[SJC_Hacker]

> ethereum has a similar ewaste problem

Is it any worse now than say, the NYSE ?

This reference says energy usage was 0.0026 TWh (2.6 GWh, or 2600 MWh) in a year

https://ethereum.org/energy-consumption

If the power was used over the whole year (and not just one hour)

(2600 MWh / year) / (24 * 365 h/year) = 0.29 MWh = 296 kWh. Thats like hair dryer levels of power consumption (if the hair dryver was left on all the time)

[dijit]

Why are you even trying to argue energy consumption when the topic is eWaste due to bitcoin ASICs?

Even if we continue down this route, its something like 15% of global stock transactions going through NYSE, per transaction its extremely efficient when compared to Ethereum; but thats not the argument anyway- its that the hardware used for mining is barely useful outside of that use-case, and the shelf-life is very low to boot.

If there was a use-case, we’d have found it by now, since 30,000 Tonnes a year of it ends up in landfills, surely someone would dig it out or buy it if it had utility.