229 sats \ 1 reply \ @SimpleStacker 20 Aug \ on: How do you explain a Grandpa why BTC consume so much energy? bitcoin_beginners
First, no one gets to determine what is or isn't a good use of energy. Is it good use of energy to broadcast cat videos? Skibidi toilet videos?
Therefore, bitcoin can only be compared to other industries on a per kwh basis. And my understanding is that bitcoin miners use a much higher share of clean energy sources than the typical kwh used by society at large. And this is because Bitcoin incentivizes miners to seek out cheap, renewable, and otherwise stranded energy sources.
source
write
preview
18 sats \ 0 replies \ @Fabs 21 Aug
"W-w-wait! We don't wanna hear common sense and logical arguments, we only wanna state our uneducated opinion!!1!1!"
  • Buttcoiners and the average Joe.
You're absolutely right, though.
reply