Oddbean

Over 2 percent of the US’s electricity generation now goes to bitcoin Bitcoin is a true evil, destructive force, the pure expression of unbounded greed. And bitcoin is a good mirror of what Big Tech actually is, a greedfest of hype cycles, churning out one grift after another, the latest being AI. The only difference between Silicon Valley and Las Vegas is in the chips they use. https://arstechnica.com/science/2024/02/over-2-percent-of-the-uss-electricity-generation-now-goes-to-bitcoin/