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Comment by tomxor | Hacker News Reader

Encryption of video specifically is a bit narrow, but lets widen it a bit: we watch a lot of video, video is neat right? I wonder how much energy goes into the transmission of _all_ video on the entire planet? end-to-end, the encoding, the hosting, the network transmission, the decoding on billions of devices and lighting up all those LED backlights, (and the extra overhead added by copyright protection crap)...

It's got to be on a similar playing field right? i wouldn't be surprised if it was a little more than 0.56% globally. But look at how much _billions_ of people get out of it all over the world: entertainment, art, education, something to connect to people with... it has a huge and invaluable impact on society - i dare anyone to try compare that to Bitcoin (not blockchain, not the utopian crypto dream, but Bitcoin).

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The digiconomist actually compared watching Youtube with a single bitcoin transaction (don't know the specifics and how accurate), but they said 1 btc transaction is the same as 51.000 hours of watching YouTube:

https://digiconomist.net/bitcoin-energy-consumption/

To clarify, that's fifty one thousand, correct? Some countries use a period (.) as their "digit group separator"[0], and others use a comma (,).

[0]: https://english.stackexchange.com/a/110693

I generally work on the assumption that if it's being used to separate three digit separation, it's a thousand separator. If only two digits and it's a currency with cents, probably a decimal separator.

Comparing BTC mining to a small country is just absurd. You could do the same with hundreds of other applications aside from YouTube like all social media servers, gaming, existing banking infrastructure, etc. Also Bitcoin arguably replaces gold which uses more energy and is more destructive to land (while using fossil fuels instead of mostly renewable energy like BTC). Lastly how much energy do we think the dollar which is backed by the US military uses per year? Id wager a lot more.

The pitchforks are out in this thread quite simply because people dont like other people outmaneuvering them in purchasing power but of course is disguised as a virtue signal.

Your last statement is based on exactly zero data points.

Let me provide one counter though: I couldn't give a rats ass whether you outmanouver me financially, I do care whether my child has a livable planet for his lifetime.

Sure thing ;)

Do you mean to say you do not believe me? What do you base this on?

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