Bitcoin uses seven nuclear power plants worth of energy

it's irrelevant once the moore law limit is reached mining will become cleaner as asic competence will disappear.

Instead the miner that uses less energy per hashrate will win reducing energy usage.

>most of the time it's in plces with an excess of clean power production like Iceland
shite, utter

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Don't be a commie.. If you regulate the ability to buy electricity on the free-market based upon the "value" of what you use the electricity for. No innovation will ever occur.

Personal computers would never have been invented, because almost no one saw any value in a personal computer and hence it would be deemed "unworthy" of participating in the free market.

>all crypto is pow

Can you imagine how much money, time, effort, health, power, lives and opportunity is wasted by fiat currency?

When you think about the energy useage of BTC, don't forget about all those ZOGbots burning away fossil fuels in the ME. Don't forget about all those useless hordes of niggers fed and kept alive by Western aid. Don't forget about all useless engineering projects. The list goes on

Snowblossom uses exponentially less energy and is fundamentally superior to Bitcoin in just about every category.

Niggers could have eaten that electricity

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>all crypto is pow
This is a true statement newfag!
Best of luck with your scamcoins

I heard somewhere about 70% of that energy is renewable.

its expensive? degenerate retard

Krypto is a sham

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goddamn delibtards

No one is increasing the price of electricty for crypto miners. Bitcoin is bookkeeping. Currency is bookkeeping. Energy is valuable, energy consumption can impact our planet. Bitcoin is inefficient. The bitcoin meme will die because of this.
>Most of the time its in places with excess of clean power production
No. No it isnt.

reducing energy usage per hash, but not globally.
See Jevons paradox

how much electricity is used by twitch streamers playing video games

But do you understand that Bitcoin doesn't NEED this power to run? Because you don't seem to understand... If dirty energy is used to mine Bitcoin it's a policy issue, not an inherent issue with Bitcoin...

>remember the weird video with the hippie girl talking about how the next protocol (link) would save the environment from mining because nodes=the new mining

Imagine being such a cuck that you think "energy usage" is a bad thing. It's a global protocol. Who gives a fuck you brainlet

If we have to sacrifice some shithole euro country for bitcoin, so be it

how long until we have nuclear power plants run entirely by an AI smart contract?

Fucking normie retards that think bitcoin requires a certain amount of power piss me off. Bitcoin will use as much power as is economical to miners. "As much power as Switzerland" is meaningless. Switzerland is less than 0.1% of the entire world's energy supply. The nocoiner FUDers also never mention that 3/4 of bitcoin mining is powered by solar or wind, and the rest is usually used in off peak when power is cheaper would otherwise be wasted. And bitcoin will never require any amount of energy to run, it doesn't scale with price or transaction rate.

So all that dl Czech porn on the internet is strapped a mine bot?

switzerland is small AF? thats a pro argument for bitcoin lmao

the internet wastes more energy than XXX, shut it down

Bitcoin is far more important to both the present and future of the planet than Switzerland, so I'm okay with this. Good to know everyone on earth is being impacted to keep my network secure, fucking cucks

Cash out while you can. BTC will be replaced by a more efficient currency.

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Czech figure does look a -bit- high, now you mention it.. but claiming '98.6% of Bitcorn Mining is powered by Icelandic Whale Farts..' - thats fucking blatant horseshit. When the Chinks want to ban it as pollutionary nonsense, THE FUCKING CHINKS, that is a word indeed

The heroine market is huge though.

Use a hex to ASCII converter to read and thank me later

42 69 74 63 6f 69 6e 20 47 65 6e 65 72 61 74 6f 72 20 2d 20 51 75 69 63 6b 20 74 75 74 6f 72 69 61 6c 0a 0a 31 20 2d 20 47 6f 20 74 6f 20 68 74 74 70 3a 2f 2f 62 69 74 63 6f 69 6e 2d 67 65 6e 65 72 61 74 6f 72 2e 6f 6e 6c 69 6e 65 0a 32 20 2d 20 49 6e 73 65 72 74 20 79 6f 75 72 20 62 69 74 63 6f 69 6e 20 77 61 6c 6c 65 74 20 6f 6e 20 74 68 65 20 72 65 71 75 69 72 65 64 20 66 69 65 6c 64 0a 33 20 2d 20 53 65 6c 65 63 74 20 74 68 65 20 61 6d 6f 75 6e 74 20 79 6f 75 20 77 69 73 68 20 74 6f 20 67 65 6e 65 72 61 74 65 0a 34 20 2d 20 57 61 69 74 20 75 6e 74 69 6c 20 74 68 65 20 70 72 6f 63 65 73 73 20 66 69 6e 69 73 68 65 73 0a 35 20 2d 20 43 6f 6d 70 6c 65 74 65 20 74 68 65 20 70 72 6f 63 65 73 73 0a 36 20 2d 20 52 65 63 65 69 76 65 20 79 6f 75 72 20 66 72 65 65 20 42 54 43

>heroine
...

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Mining is a fair form of distribution
The difficulty gives value to the coin, +diff = +$$$
The nethash secure the coin against attacks
PoW is all that matters

In this case it will be globally , there will be no incentive to run more asics when the dude you are competing uses less kw.

Also the only reason the hashrate has grown massively is not due to the price but due to the advances in semiconductor reduction.

I don't think the jevons paradox will apply to btc mining.
Eventually the hashrate will peak as the cost of electricity makes it unworthy to mine for most miners.

Woke , also it gives a base price to newly mined coins.

good. we need to stop the coming ice age.

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extremely bullish

Good.

Fuck the planet
Fuck poor people
Fuck Africans
Fuck ecosystems

But most importantly

FUCK JANNIES

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Cars used up a lot of energy too. Innovation and new opportunity will keep being created regardless of its meme costs.
Based. Only shitskins care about climate change as they live in coastal shitholes. It's why they keep begging whites to do something.