Quote from: pixie85 on February 02, 2018, 04:56:35 PM

Quote from: Carlton Banks on February 02, 2018, 10:16:32 AM

Quote from: pixie85 on February 02, 2018, 02:45:22 AM

They are so stupid. Why doesn't the director say something about the electricity being wasted by appliances on standby? Why doesn't she mention the amount of electricity wasted by bank servers processing transactions? What about the computers run by clerks in every single bank branch? Bitcoin eliminates the need for branches, clerks and their computers. If you have people buying electricity and they want more get more them and profit from it instead of complaining!

There is a dispute between climate scientists as to whether increases in CO₂ is the reason for climate change anyway. The climate has changed far more dramatically in the past without 0.01% increases in atmospheric CO₂.

I wasn't even thinking about CO2 as we have many different sources of power with a lot of it being generated by dams and nuclear plants that don't emit it. What i'm talking about is the fact that we are producing more power than we're using. There's no scare of shortages, especially in countries like Canada that are producing far more than they need. All this power is going to waste because we don't have plants meant to store it. If it's wasted why not allow miners to use it? Why cry about them taking it if they're buying it on the market and paying for it like everybody else?

But how is this ever possible? How can we produce more power than we consume? As far as I know, it is impossible to store electricity directly. You can of course use some processes like electrolysis to decompose, for example, water into oxygen and hydrogen and then store hydrogen but it is more of a sci-fi movie than reality yet. If you actually mean that we can produce more than we now consume, I don't think it justifies mining because it would still be a waste of resources.