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RE: Bitcoins energy consumption compared to other similar global industries: surprise!

in LeoFinance3 years ago

Can someone honestly critique my (probably) over-simplified idea about BTC energy consumption?

Okay:

To compare BTC energy use, use the most widely-regarded, harshest, most real-time stat available - Cambridge Bitcoin Electricity Consumption Index

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Hmmm....
I like this as an interesting economic indicator of productivity.
While productivity is an objective and subjective term, as in if you make more dollars then someone else consuming the same amount of energy does that you make you good even if your industry is evil?

But the idea is a very good one in terms of perspective.
It provides a perspective that something's energey consumption should not be viewed in isolations.

No one would view the energy consumption of healthcare facilities in isolation and condem them for this usage.
perspective is important.

Good idea!

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