You just said it, it is money.
It's not wasted any more than it is wasted when you play a game or watch a youtube video or TV. It's just a use of energy which you are trying to make as somehow bad. It's just a cultural preference.
It's not wasted any more than it is wasted when you play a game or watch a youtube video or TV. It's just a use of energy which you are trying to make as somehow bad. It's just a cultural preference.
But if someone worked out a way to generate BitCoin for free without any energy input, that would destroy BitCoin, because it depends on proof of work, where work is defined as consuming energy.