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this post was submitted on 11 May 2025
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Counter-point:
crypto-mining should be illegal, period. (and so should AI)
We're on the brink of climate collapse, we as a species can't afford to waste massive amounts of electricity on something that literally creates no value.
its the fault of the miner if they're using non-environmental friendly energy sources. if you don't wanna create emissions, just use solar power.
I don't really see how. if it can be sold for something of value, it has value. crypto might be useless to you, but to some people out there a single Bitcoin is worth more than 80 thousand dollars, so if you have a few Bitcoin, even though to you they might be useless, you can sell them for money
If you have access to solar power, it would be better to use it for something else, or feed it back into the grid.
As long as we're still burning fossil fuels to create electricity anywhere on earth, wasting any kind of energy is bad.
Crypto has a price (because people believe that it has a price).
It doesn't add any value to anything. It's expensive (in terms of energy cost) and absolutely, 100% useless.