It was supposed to be a financial revolution. Instead, crypto has become an environmentally disastrous gift to con artists, says academic David A Banks
environmental impacts are largely:
Carbon dioxide output, resources required to accommodate expanding blockchain, increase in proof-of-work requiring even greater resources and even higher carbon output, greater strain on gpu demands etc.
then take those reasons and consider ever single crypto with these issues
all in all, you could say that those things are all bad
you speak to your audience. I’m assuming that a majority of people here do not represent the interests of GPU manufacturers…
or we can assume everything is subjective and therefore does not matter one bit in the grand scheme of things
you have to be delusional to not objectively assess the state of gpu prices and the environmental impacts as “bad”
https://priceonomics.com/how-has-cryptocurrency-mining-influenced-gpu-prices/ here’s an interesting bit on the prices
environmental impacts are largely: Carbon dioxide output, resources required to accommodate expanding blockchain, increase in proof-of-work requiring even greater resources and even higher carbon output, greater strain on gpu demands etc. then take those reasons and consider ever single crypto with these issues
all in all, you could say that those things are all bad
I think the label “bad” is very clearly subjective. For example, gpu manufacturers clearly benefit from this.
you speak to your audience. I’m assuming that a majority of people here do not represent the interests of GPU manufacturers… or we can assume everything is subjective and therefore does not matter one bit in the grand scheme of things