read your own response once more..
"Most of the dams are built to support the communities near the dam, and in anticipation of the industrialization of the surrounding regions. Not so much to cater for the population but rather for economic growth from the on-start."
ill emphasise it
"and in anticipation of the industrialization of the surrounding regions."
asic mining fills that anticipated demand.. yep mining is an industry too
Industralization with how much utility to the community? Does it provide jobs or improve the standards of living for those surrounding it? Does it provide significant and tangible utility to the rest of the world?
hashrate per piece of silicon/metal. shows that having a GPU rack of many systems compared to 1 asic. shows again bitcoin is the most efficient use of electric and and material
there are under 2m asics on the planet currently running. compare that to how many motherboards and GPU cards ar running to power a crap coin
if you want to cry about the 2m asic material cost.. then look at other industries too and compare.
ASICs can't be repurposed. Once S17 came out, most of the S9s were scrapped. Most ASICs were notorious for being terribly unreliable and plagued with high failure rate. Besides, remember that a single ASIC has tons of chips and silicon. Circuit boards are difficult to recycle as well. Again, my argument isn't geared towards Bitcoin vs Shitcoin. Comparing Bitcoin mining to my GPUs running ML simulation, one has better utility to the society and can be repurposed.
Nope, true green energy should be carbon negative. I think dismissing them as not green at all is one dimensional. Green energy is only given to something if it's output is lower than it's impact to the environment or it's effort to offset what it emits. Let me ask you this then, if solar, hydro and wind doesn't make you happy then what type of energy source are you proposing that's carbon neutral? Those that you've mentioned are really good for the environment I think that there's a lot of independent studies that can support that.
None. Energy production can never be truly carbon zero, but they an be carbon neutral. My point about it is when people are parroting it as being superior, "Bitcoin helps to combat climate change", "Bitcoin is the new green currency". They are all false. Bitcoin cannot fight climate change because it is a contributor to it. In fact, you are depriving someone of their ability to use clean energy because you are using it yourself.
Good for the environment is a misnomer. We would be much better off without any of those and it is very much a trade off and choices that we have made.
If it's a viable option for many, then how come people are still innovating on stuff that reduces the wasted energy? If it ain't broke don't fix it right? How are they lying when they argue that bitcoin is beneficial though? I don't get how you can lie when it's an opinion based on the facts that were given to you.
Money and politics. I have been through numerous papers and none of them explicitly mentions that Bitcoin Mining is good for the environment. Any news articles that postulates this often wraps the logic around their fallacy and blatant disregard for the numerous factors that are immediately obvious. Long distance UHV transmission has been achieved in numerous countries and instances, up to 3000KM long. The problem is the costs and time. Governments want to take the easy way out; they will build dams, solar arrays everywhere possible even if there is no use for it. They don't care about the environmental impact and Bitcoin Mining is a convenient way for them to make some GDP growth, if it is even half viable.
