1943
Blockchain: the wave of the future (lemmy.world)
submitted 2 years ago by themaninblack@lemmy.world to c/memes@lemmy.ml
263 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[-] foobaz@lemmy.world 18 points 2 years ago

No way ads consume less power than bitcoin. Just the lights for ads probably consume more than bitcoin, not even talking about creating ads, which I assume consumes a double digit percentage of the global work force.

[-] maynarkh@feddit.nl 2 points 2 years ago

I did a back of the envelope a few comments up. How it looks to me, just sending internet ads around the world consumes 20 times as much as all crypto mining combined.

[-] porous_grey_matter@lemmy.ml 2 points 2 years ago

You assume wrong. In the UK, about 0.3-0.5% of people work in marketing or advertising, and that's one of the most extremely financialised service economies in the whole world. No way is the number anywhere near even that high in countries where people actually work for a living.

[-] foobaz@lemmy.world 1 points 2 years ago

Thanks for the correction. Slightly overestimated ๐Ÿ˜

[-] porous_grey_matter@lemmy.ml 2 points 2 years ago

Yeah, I mean it's still an insanely high amount IMO, you're not wrong in the sense that it's "way too many people"

this post was submitted on 02 Feb 2024
1943 points (100.0% liked)

Memes

51706 readers
1231 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 6 years ago
MODERATORS
gary_host_laptop@lemmy.ml
sexy_peach@feddit.de
cyclohexane@lemmy.ml
cypherpunks@lemmy.ml