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Comment by steelstraw | Hacker News Reader

Only Bitcoin and Eth1 (going away this year) could possibly have that association. You can't just discard an entire technology on this basis. The energy FUD won't stick beyond Bitcoin. Even that will go away when >90% of BTC mining is backed by clean energy. IIRC it's around 50% now.

A single Google Search: 1,080 J

A single Solana transaction: 1,837 J

One eth2 transaction: 126,000 J

Watching an hour of television on a 40 inch+ LCD TV: 540,000 J

https://solana.com/news/solana-energy-usage-report-november-...

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> Only Bitcoin and Eth1 (going away this year) could possibly have that association. You can't just discard an entire technology on this basis.

Are you sure? It's easy to send your message anonymously on the Hand, but I (and many others I've met out there in the real world) have zero interest in acquiring cryptocurrency, regardless of price or potential payoff. It seems more like the biggest tulip trading ponzi scheme in history.

I do enjoy the entertainment it's provided me since I first encountered it in 2008.

I'm not even rich... just disinterested in accumulating wealth in such a stupid manner which contributes no tangible benefit back to society.

TBH you're probably right. Most people won't use cryptocurrency directly, it'll become AWS for the financial system and people will use it every day without realizing.

> when >90% of BTC mining is backed by clean energy. IIRC it's around 50% now

What? There is no fucking way mining is using anywhere near 50% clean energy.

And using any energy for proof-of-waste is awful. That clean energy could've been used for something productive rather than a hashing lottery.

> on this basis

That's far from the only problem. The bigger problem is that this "technology" only works for crime and does not work as an actual regular currency.

One Bitcoin transaction: 6,995,592,000 J

DuckDuckGo claims to be carbon negative, btw:

https://spreadprivacy.com/duckduckgo-goes-carbon-negative/

Solana is an unstable centralised blockchain, majority owned by insiders, the same insiders hyping Solana for the NFT / Web3 garbage by the usual venture capitalists [0]

Not good at all and looks mostly a pump and dump scam to me.

The question is when will the party be over for most late comers to the Solana ponzi scheme.

[0] https://cryptobriefing.com/how-decentralized-is-solana/

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