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RE: Bitcoin Mining now consuming more electricity than 159 individual countries
The problem with this calculation is that it complete forget that the world energie consume will also rise and the development of new technologies. Maybe in 2020 we have fusion power reactor that could power the earth with no problem or we could have quanten computer or computer made of supra conductor that reduce the energie consumation havily.
Yeah, I did mention that
so it does not count the fact that we are moving towards cleaner energy like solar power and increasing the generation from there.
But if the development is made like in Germany then we realy will have a problem. First shut down the nuclear power plants and then start building solar, wind, etc energie and realize oh shit we don't have enough energie let by the french nuclear energie and power up the coal power plants, because it is good for the nature. The best at the end id that we don't even have a place to stock all the radioactive material.