Quote:
Originally Posted by biosurfer1
I tend to disagree. That load IS serving a purpose, whether you agree with that purpose or not doesn't mean it's a "waste"... it's also a very easy load manage too since servers are typically a very flat load and run 24/7.
What a typical clickbait title too...could have said 7 GW but of course not, why say that when you can fear monger with "nuclear power plant" 
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So you disagree with the facts as presented in the article? Regarding the electricity consumption? I have read this before and can dig up more data.
As for whether it's a waste or not, yes, that is a matter of opinion. But it's very sad to think that we're creating nuclear waste and burning fossil fuels in order to power computers that are solving these equations (which are useless in my opinion - they are not adding to the benefit of mankind, and actually are probably mostly abetting money launderers and drug traffickers). Again, just my opinion (which I would hazard to guess would be shared with a very large portion of the world's population).
Well, if a Bitcoin crash *does* come and the price of Bitcoin decreases, then it will reach a point where the mining operations will be more expensive than the coins themselves. So, it may work itself out.
-Wayne