Haiku ~ Bitcoin
It’s funny how things pan out. I was searching Amazon for a new powered USB hub as my last one seems to work no longer, and I am shown USB devices to mine bitcoins. Further reading and I stumble upon this alarming article from The Guardian explaining the effects on this activity as “…a competition to waste the most electricity possible by doing pointless arithmetic quintillions of times a second.”
Has the world gone (even more) stark, raving mad?
Heating our planet
To feed insatiable greed:
Bitcoin is one of those concepts that I hear about from time to time, but has no apparent connection to me.
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I agree, Brian. I didn’t realize what the so-called “bitcoin mining” was – just a bit of wordplay to hide the fact that it’s using energy hungry computer processors to solve pointless numerical codes so that the winner gets to own a bitcoin.
At a time when we worry about greenhouse gases the last thing we need is energy rich countries burning fuel to feed this stupid, greed-driven activity.
If you read the Guardian article you see that we’re talking about sufficient energy to fuel a country!
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