uhm what? the presence of miners mean energy prices rise as well as more environmental destruction to produce energy, especially if it's a place without green(er) energy production.
Obviously it's all stupidly chaotic, there might be a huge waterfall somewhere, and if we ignore the natural beauty aspects, before some cryptobros show up with money (however tangible) to build a hydropower plant and some wires to their container site, that waterfall's energy is not being utilized...
yep, that's my argument above. and i personally wouldn't say hashes "are mostly thrown away", i would argue they're all thrown away, especially when considering this 'tech' will become defunct in a few years.
“In what may be the best expression yet of capitalist realism, a new tool for free market speculation has become for many a populist symbol of resistance to the ravages of finance capitalism.”
https://mronline.org/2021/12/28/cryptocurrencies-a-view-from...