Hacker News Reader

Comment by bobviolier | Hacker News Reader

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/

View on HN

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?

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.

Reply on news.ycombinator.com