Has anyone done any serious studies on electricity consumption due to cryptocurrency related activities like mining? Possibly with comparison between different currencies and feasibility of maintaining such consumption? Is there an argument to be made for or against them in the context of global warming?
I understand your angle but not all cryptocurrencies are mined and if you get to compare fiat to them then you better name the entities to be compared. Mineable cryptocurrencies of course can have negative impact on our environment and that's a fact but that doesn't compare in any way to what other petrochemical companies and refineries are doing to our ozone layer thereby increasing global warming tremendously.