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Every $1 of BTC value responsible for $0.49 in health and climate damages in US

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Re: Every $1 of BTC value responsible for $0.49 in health and climate damages in US

#81

Post by danpalmer »

read_if_gay_ wrote: post #64
crumbshot wrote: post #41

Earlier quoted context omitted.

> Most of this electricity comes from the cheapest source of power, which is hydro. This has become almost a religious belief amongst cryptocurrency acolytes, but it's simply not true. -- Edit: please see my comment¹ and piplikoc's comment² below for more detail on this. 1. https://news.ycombinator.com/item?id=26342411 2. https://news.ycombinator.com/item?id=26342366

If you're going to question the validity of an assertion please provide more than just a counterassertion.

Is the responsibility not on the person making the assertion to provide evidence?

Re: Every $1 of BTC value responsible for $0.49 in health and climate damages in US

#82

Post by Bluestein »

bogwog wrote: post #56
pc86 wrote: post #31

Earlier quoted context omitted.

Whataboutism has no place in any intelligent discourse.

What about intelligent discourse about whataboutism?

Actually, more of -that- would be grand ...

(Imagine! Politics! ...)

Re: Every $1 of BTC value responsible for $0.49 in health and climate damages in US

#83

Post by gitrog »

random5634 wrote: post #49
pc86 wrote: post #31

Earlier quoted context omitted.

Whataboutism has no place in any intelligent discourse.

If you think this “scientific” study qualifies as a contributor to intelligent discourse think again.

Pray tell, which part is it that you find fault with?

Re: Every $1 of BTC value responsible for $0.49 in health and climate damages in US

#85

Post by Marciplan »

read_if_gay_ wrote: post #64
crumbshot wrote: post #41

Earlier quoted context omitted.

> Most of this electricity comes from the cheapest source of power, which is hydro. This has become almost a religious belief amongst cryptocurrency acolytes, but it's simply not true. -- Edit: please see my comment¹ and piplikoc's comment² below for more detail on this. 1. https://news.ycombinator.com/item?id=26342411 2. https://news.ycombinator.com/item?id=26342366

If you're going to question the validity of an assertion please provide more than just a counterassertion.

Isn’t that exactly what the original comment was doing?

Re: Every $1 of BTC value responsible for $0.49 in health and climate damages in US

#87

Post by fenk85 »

diegoperini wrote: post #18
sherlock_h wrote: post #9

All these Crypto posts are getting pretty tiring.

What's special about today and increasing frequency of these posts?

There seems to be some sort of smear campaign to smear cryptocurrencies as anti-green anti-environmental

Which is a bit absurd as you can pick anything in modern world, literally anything such as computers/phones in front of us reading this and point that XYZ damage was caused to the planet by the shiny macbook in front of us or android phone, not to mention the huge network of datacenters around the world from which the information is stored/streamed.

Until there is highly efficient zero loss superconductor long range networks of several orders of magnitude better energy storage then saying that energy "is wasted" on crypto is very misleading, that energy could be coming from a dam up in a mountain enjoying a sudden influx of rain or windmills/solar in middle of nowhere with no nearby large population centers to absorb this energy (lack of efficient long range transmission infrastructure and/or energy storage).

Re: Every $1 of BTC value responsible for $0.49 in health and climate damages in US

#88

Post by tziki »

douglaswlance wrote: post #62

Why are there so many articles attacking crypto across the web as of late?

Attack on bitcoin != attack on crypto. Gridcoin suffers much less from this problem since the computations are actually useful and would likely be done anyway.

Re: Every $1 of BTC value responsible for $0.49 in health and climate damages in US

#89

Post by Bluestein »

douglaswlance wrote: post #62

Why are there so many articles attacking crypto across the web as of late?

They are on the rise, true that.-

(I am hoping they lead to intelligent debate, and - thus - improvement of existing systems ...)

Re: Every $1 of BTC value responsible for $0.49 in health and climate damages in US

#90

Post by tryonenow »

pc86 wrote: post #31
ryanmarsh wrote: post #23

Earlier quoted context omitted.

How much damage is the current financial system responsible for?

Whataboutism has no place in any intelligent discourse.

This isn't whataboutism, it's a valid question considering BTC is touted as a replacement for the financial system and ostensibly performs a similar function with an alternative infrastructure. If the premise is that we should stop BTC mining and processing simply because it costs $X dollars (code pun intended) per transaction, then the price of alternatives is germane to the discussion.
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