>Mining crypto under such a cost structure would force other users subsidize your buttcoins. Personally I wouldn't feel too happy about such an income transfer.
The "buttcoins" part or the "income transfer" part? I guess if you have a grudge against crypto users there isn't anything worth arguing. On the other hand in a multitenant situation there's always going to be users using more resources than others, which means the "income transfer" part will always exist.