[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 348 KB, 685x758, 551A010D-99E1-4979-B3F2-1E07E9A42A66.jpg [View same] [iqdb] [saucenao] [google]
49353799 No.49353799 [Reply] [Original]

Bitcoin alone consumes the same amount of energy as Argentina with 45m people.

>> No.49353843

>>49353799
How much of that mining is by solar or atomic energy?
Waste of an article.

>> No.49353952

>>49353799
surely this will save the environment!

>> No.49353962
File: 114 KB, 766x859, 1653524156833.jpg [View same] [iqdb] [saucenao] [google]
49353962

This. Time to ban bitcorn to save the world!

>> No.49353972

Can't we just ban private jets first?
I don't want to eat ze bugs.

>> No.49353982

>>49353799
How much energy does the credit default swap market use? Or the global derivative market? Oh wait no one gives a shit unless it's BTC for some reason

>> No.49353993

If you don't have guns get them.

>> No.49354023

>>49353799
If it costs more than it's worth to use power straight off the grid from coal, oil and gas then Bitcoin miners won't use power straight off the fucking grid. This legislation is unnecessary and obviously a cover for putting the clamps on crypto because it's competition with their precious fucking fiat.

>> No.49354046

>>49354023
anyone with half a brain should be able to see that. too bad, people believe crypto is bad for the environment. what about me playing vidya 24/7? is that bad for it too?

>> No.49354213

>the same energy as argentina
that's okay
it's white power

>> No.49354337
File: 163 KB, 993x1024, 1641220270979.jpg [View same] [iqdb] [saucenao] [google]
49354337

>>49353972
OPEN WIDE

>> No.49354428

>>49354046
Yes

>> No.49354438

>>49354046
Gamers and special effects tards are actually burning a lot of energy 24/7.
Miners undervolt their cards mostly.

>> No.49354491

>>49353799
time to buy solar panels

>> No.49354533
File: 84 KB, 338x417, 1585756741491.jpg [View same] [iqdb] [saucenao] [google]
49354533

>Bitcoin alone consumes the same amount of energy as Argentina with 45m people.
Okay
How much energy does the Federal Reserve, Visa, MasterCard, American Express, Wells Fargo, Bank of America, etc. use, including all of their employees, including all of their executives/CEOs?
Including their private jets and shit?
Has anyone run such calculations?

>> No.49354822

>>49354533
BTC (corecuck version) has 7 TPS and is useless, your comparison and whataboutism is irrelevant.

>> No.49356754

>>49353799
Bitcoin is worth the energy it consumes. Just crack some of them bit-coins open and get the power back.

>> No.49356937

>>49353972
Remember all the hit pieces pointing out how much Trump's private jet flights cost when he was president?
There was nothing like that during Obama's presidency.

>> No.49357148

>world leader boomers literally playing WW3 chicken as we speak
BITCOIN BAD

>> No.49358022

>>49353799
Why do people pretend to give a fuck about Argentina when it's compared to a global, decentralized computer network?

>> No.49359312
File: 182 KB, 754x1200, C7NN-cqVAAAwkzF.jpg [View same] [iqdb] [saucenao] [google]
49359312

>>49356937
That's because Obama didn't fly to his Florida resort every weekend. But it's more about how trump tweeted constantly about Obama playing golf then went literally every weekend to play golf

Fox news did regularly attack Obama, or his family, when they went places though (and trump parrots what he hears on Fox News to twitter)

This is just like 1/3rd of his tweets about Obama golfing