Bitcoin consumes as much power as Holland.

[littleyellowbirdie 2,585]

All cryptocurrencies are dependent on GPUs to generate the hashes, which in turn requires colossal amounts of energy.

At a time when energy costs are spiralling, damaging people's quality of life, and damaging the environment, should this form of investment be deemed as unethical, if not more so than, say, arms and tobacco?

https://www.bbc.com/news/science-environment-56215787

[TheGunnShow 5,988]

Could probably agree with the notion of investment in such as being ethically dubious, I actually wonder if this is increasingly an argument for renationalising the energy sector with fundamentally similar arguments as for doing so with water.

[MooreMarriot 311]

Don't forget the water:

https://www.bbc.co.uk/news/technology-67564205