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Someone should make a chart showing how many terrawatt hours each sector, industry or even company uses. It would put the bitcoin usage into perspective so everyone could more easily compare usage to utility.
The ‘bitcoin uses too much energy’ crowd reminds me of here in the US when people disagree with some minor facet of government spending and go on and on about it being a huge burden to taxpayers. They’ll act like it’s a large chunk of annual federal spending such as defense (10-15% annual federal budget), but in reality it’s only 0.00732% of the federal budget.
Let’s see the numbers in TWh across all offenders so we can think right about this. How many TWh does the NFL use in a year? How many TWh does it take per year to produce the Kardashian show? So many worse wasters of energy out there.