this post was submitted on 17 Jan 2024
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Technology
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Huh, wasn’t this what they also said about why it was ok for bitcoin to be using as much power as Bulgaria?
Honestly these hype bait things seem increasingly just excuses to build out more centralized computing capability.
Very on brand for Altman.
The whole point of mining/staking/whatever is to be expensive. Governments can pigouvian tax it to high hell, mine workers can unionize, and it won't make any difference to users whatsoever. So there's literally no benefit to more energy use.
Bitcoin mines can't do general computing. They use ASICs that can only mine.