By late next year, Bitcoin could be consuming more electricity than all the world’s solar panels currently produce — about 1.8 percent of global electricity, according to a simple extrapolation of the study’s predictions. That would effectively erase decades of progress on renewable energy.Bitcoin’s energy use got studied, and you libertarian nerds look even worse than usual
After reading a story on Bitcoin’s energy consumption late last year, I decided to stop being a part of the problem by getting rid of all of my (very meager) cryptocurrency holdings.
Unstable as shit? That, I can handle. But unstable and bad for the environment? Fuck that noise. I’m out.
In case anyone needs me, I’ll be over here marinating in my own self righteousness…