I understand what it is. I hate it because it's literally wasting more electricity than some countries for no reason and has also led to ridiculous demand for GPUs making them near impossible to source at MSRP.
The energy consumption and the high prices of GPU comes down to capitalism and freedom of choice. Who are you to decide on what we should spend energy on and what we should not spend energy on? If an activity yields more money that it consumes (even if it's in the form of an electrical bill) people are going to do that activity.