Youtube alone uses 2x the amout of energy as the entire Bitcoin network, for perspective.
Bitcoin provides... idk a way for some people to make a lot of money and some others to lose it?...
Even if we say that BTC provides some value by transferring money etc. the amount of value per Watt is so slanted its ridiculous to even make that argument.
Bitcoin uses ~118 TWh - https://digiconomist.net/bitcoin-energy-consumption
Youtube souce is from 2019, Bitcoin one is current.
Other sources put Google’s total energy usage (including youtube) at around 12 TWh [1]. Total datacenter usage is estimated to be around 205 TWh [2].
[1] https://www.statista.com/statistics/788540/energy-consumptio...
[2] https://energyinnovation.org/2020/03/17/how-much-energy-do-d...