If you don’t think the supposed environmental concerns about crypto mining are just cover for governments to try to regulate cryptocurrencies, you don’t read enough alternative media. From Paul Rosenberg at freemansperspective.com:
I learned long ago that when institutions decide to ride a subject, they can do so mercilessly. By endless repetition people are worn down into compliance… and then into defense of their compliance. I’ve seen it too many times.
And so, seeing them harping on “Bitcoin isn’t environmentally friendly,” I feel a need to defend reality, before it’s overrun yet again.
Let’s start with some basic engineering, so you can see that it isn’t people on my side who are making wild assertions, but people on the institutional side.
“So Much Electricity”
You can substitute electricity for carbon, by the way. The people behind these things simply use whatever words will be best for reaching their goal. That’s why they moved from “global warming” to “climate change,” for example.
So, let’s look at electricity:
The first thing to know is this: If you want to do something about electrical loads (loads being things that demand electricity: anything from a light bulb to a giant electrical motor), you have to start with air conditioning. Far, far more electricity is used for cooling than it is for crypto mining. So, let’s go full stop right here:
Any ‘decarbonizing’ campaign that ignores air conditioning is a fraud.