this post was submitted on 20 Aug 2023
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Can computing clean up its act? The industry consumes as much electricity as Britain—and rising

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[–] wolfshadowheart@kbin.social 7 points 1 year ago (1 children)

Out of sheer curiosity I wonder how much energy consumption is used for standard currencies. I'm sure it's less than 0.5% but I wonder

[–] solbear -1 points 1 year ago (1 children)

I'm not sure that the combined energy consumption of the aggregate financial system is less than 0.5%, but it does, unlike Bitcoin, provide utility, not withstanding any reasonable objection to the fairness of this system.

[–] wolfshadowheart@kbin.social 1 points 1 year ago

Oh definitely, no implication that's it's poor or bad from me. Like I said, mostly just curious.