Quote from: stompix on November 29, 2021, 02:11:44 PM

I know it's about an altcoin but still,it's related so, have you seen the estimates for the ETH mining?
https://digiconomist.net/ethereum-energy-consumption/

This portal does not appear to be a rational un-biased source to base your intellectual discussion or business or investment decisions on.

I did not know about this website before your post. I just went to their home page and following are the headlines of their recent articles i saw.

1. "How Bitcoin mining disproportionally impacts vulnerable communities."
- how about existing fiat printing system? They are having really great impacts on "vulnerable communities"

2. Bitcoin’s growing e-waste problem
- I don't even know where to begin on this one. Height of dumbness.

3. Bitcoin may consume as much energy as all data centers globally
- so what? Why is the data center that is spending 80% of its energy to power useless gossip is not waste?

4. How China’s Bitcoin mining ban affects energy consumption estimates
- basically celebrating China's bitcoin ban as positive for the environment. As if the chinese electric plants are shut down now that bitcoin mining is banned.

5. Bitcoin now negating a decade of progress in deploying electric vehicles
-huh!

6. A solution to Bitcoin’s Environmental Impact
- basically promoting POS as the first solution, then "green energy", blah blah blah.

Summary:
6 articles in 1st page published since June. 4 are straight out negative to bitcoin. Remaining 2 are also negative to bitcoin in not so subtle way.

What kind of publication cannot recognize a single positive article on bitcoin?
We know the reserve banks do not like bitcoins because it is robbing them of their monopolies on minting money. We know the cronies that are dependent on central bank and the big 4 and many of their friends badmouthed bitcoin for years. Then they said blockchain will survive but not bit coin. Finally some of them started buying bitcoin, started building their blockchain teams, even their own coins. Yet at the same time continued misinformation campaign against bitcoin to get more of it. We know even within crypto community there are lobbies that want to destroy all pow coins not only bitcoin. Given that we are investors, miners of bitcoin and therefore share at least some vision and thinking process of Satoshi.

We absolutely don't need to waste our time reading such biased portals by paid shills or dumb reporters whatever the case may be. Energy to mine bitcoin is not "wasted". That way energy to produce and procure special type of paper, watermark, printing is also wasted. The energy to melt metals and create amalgams and seals to mint is also wasted with the same logic. How about the energy to build and secure mints run by government? Why don't these shills talk about that?