Crypto has a problem.
And no, it’s not scams
volatility
regulators breathing down its neck
Though those are all fun in their own way. The real problem? Energy consumption.
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Bitcoin alone sucks up more electricity than entire countries —
(Argentina, the Netherlands — take your pick).
That stat gets thrown around in every anti-crypto argument, and honestly, they’ve got a point.
Traditional Proof-of-Work (PoW) mining is like running a global, never-ending math competition that wastes absurd amounts of energy just to validate transactions.
So, recently I had one of those conversations.
You know the kind — where someone who hates crypto decides to school you on why it’s ruining the planet.
“Bitcoin mining is worse than oil drilling.”