The Video Gaming Sector Consumes More Energy Than Bitcoin Mining.

[Fivestar4everMVP]

According to this report

It has been discovered that the video gaming industry consumes slightly more energy than bitcoin mining, the graph am gonna share below clearly shows that mining Bitcoin consumes far lesser energy compared to -
-Paper production
-Gold mining
-And slightly lesser energy than video gaming.



It is reported that Bitcoin miners are utilizing electricity at a rate of around 100 TWh per year, this figure is said to account for about 0.06% of the world’s total energy demands, which is quite insignificant.

My question is; Why then do people talk about Bitcoin mining power consumption like it is the most and worst energy consumer?

[1715688040]

1715688040

[1715688040]

1715688040

[1715688040]

1715688040

[Don Pedro Dinero]

My question is; Why then do people talk about Bitcoin mining power consumption like it is the most and worst energy consumer?

Because bitcoin is a threat to governments and their allies the mass media propagate the message that governments are interested in.

Moreover, in the debate we should not only consider the total consumption, but also what the energy expenditure is for and whether it is worth it. The banking sector also consumes a lot of energy, for example, or city lighting, heating systems and so on.

No one questions the energy expenditure of the banking system or that people can be heated in winter. They are questioning what attacks the established power.

[Haunebu]

What exactly is the sample size of this particular survey op? It does make sense as to why the video gaming sector consumes more power than Bitcoin mining, but this isn't a proper comparison if you ask me.

Personally, I have an Xbox Series X which adds just a couple more units to my monthly electricity bill while an ASIC miner would add way more units in comparison.

The irrefutable truth is that miners(Including energy saving ones) do consume a lot of power, but the media make it seem like a horrible thing for the sake of their corporate overlords.

[Kakmakr]

The question is.... did these researchers dig a little deeper?

Did they calculate how much "clean" energy are used for both gaming and Bitcoin mining to see what the real impact is. Let's say Bitcoin mining was only done on renewable energy sources, like "Wind" / "Solar" / "Geothermal" energy ....then it will not be harmful.

The real difference is this.... Bitcoin mining use electricity to power a global payment system, where Video gaming use electricity to power systems for entertainment. 

[mk4]

My question is; Why then do people talk about Bitcoin mining power consumption like it is the most and worst energy consumer?

In summary: A lot of people love videogames, but hate Bitcoin(and crypto) due to the rise in price of graphics cards (or with some people, because they think they missed out already). Hence they're biased against Bitcoin despite videogames using more power.

[davis196]

Interesting information, even though I can't be sure about the accuracy of this research.
I didn't know that paper production consumes so much energy. Maybe it's time for the world to dump paper completely.
Actually, the FUD about Bitcoin mining wasting energy and polluting the environment has decreased in the past few months. That's probably because the Bitcoin price is low and the market is bearish. If the BTC market was bullish and the price was close to another ATH, the environmentalist FUDsters would return with their noise.
I couldn't care less about how much energy is being consumed by the video game industry. Nobody is complaining about videogames wasting energy, destroying the environment and polluting the air. I wonder why.

[m2017]

It is not surprising that bitcoin is accused of consumption as the worst consumer of energy. The motive is to denigrate the reputation of bitcoin in order to scare and repel people from using it under various pretexts. Be it high energy consumption or criminal use. This is another bitcoin demonization. The media is spreading this lie and people believe it.

[Dave1]

My question is; Why then do people talk about Bitcoin mining power consumption like it is the most and worst energy consumer?

It's because they have to find someone to blame for what is happening to the world, for instance global warming, And it just so happen that bitcoin mining is the latest technology that disrupted everything from financial to environment to green house effect. They can't put everyone on banks for consuming so much energy because it's the bloodline of every government and economy around the world. So the best culprit - Bitcoin Mining.

[Pierre 2]

Answer to your question is obvious, governments around whole world love to control finance and economy through Fiat money. Everything about Bitcoin (from trading to buying/selling) is disruptive against their founded control mechanisms.
Also I am not shocked to see video gamers consume a lot energy, its now the biggest entertainment business and people love to play games. Noone will ever mention it as much as Bitcoin's consumption. Its very hypocrite situation.

[joniboini]

I think the answer is simple, most people find games valuable (even though it is a form of entertainment) while Bitcoin or crypto is mostly seen as a 'scam', so any narrative that shows Bitcoin is bad will be popular.

Whether the data is reliable or not, I'm pretty sure most people would choose gaming instead of learning about crypto just because they can and are more familiar with it. So that's that.

[Asiska02]

Sincerely, I'm surprised by this graph. I never imagined that video gaming would use more energy than mining bitcoin. Never imagined video games would utilize more power than mining, given how expensive it is to purchase the electricity assigned to mining. This demonstrates further clearly the inaccurate perceptions of bitcoin. They blatantly oppose Bitcoin's dominance over other currencies. To prevent the widespread usage of bitcoin, the media and its detractors are disseminating false and erroneous information about it. All problems are now attributed to Bitcoin.

[Lucius]

I don't see the point anymore in trying to justify Bitcoin mining with the fact that someone or something consumes more or less energy, because those who persistently advocate that Bitcoin is a danger to the environment will not give up their ideas. If, for example, it is a fact that all devices in the US spend more energy on standby in one year than all devices that mine Bitcoin, will anyone understand how pointless it is to talk about Bitcoin mining in the context of the impact on the environment?

My question is; Why then do people talk about Bitcoin mining power consumption like it is the most and worst energy consumer?

There are people who live in delusions, those who are paid to tell lies and convince others that it is true, and finally those who believe in all that and spread those lies wherever they go. If someone offered you a salary of $10 000 a month to promote Bitcoin mining as something dangerous, would you be able to resist the offer?

[Exio.tech]

Interesting... Never thought about this. Should spend some more time on research. Gave me some food for thought

[dothebeats]

They ignore this because the ones pushing the agenda of bitcoin using a lot of energy wants to achieve something. If they have something against the video gaming industry, they would have already pointed out this fact. But no, what they only see in video games is the facet of violence and not much else. They also ignore that the video gaming industry is a billion dollar industry that gives a lot of people jobs. A lot of facts have been ignored, and they single out one thing that they want to stress and that's what's going out on the media.

No matter how many industries you outline that uses more energy than bitcoin mining, the 'advocates' have already made their mind, and that is to tarnish bitcoin as much as possible by using the environmental damage card. This debate will never end; they will always have different angles to attack and different explanations every single time.

[DaveF]

It's probably true just due to the number of video games out there. Just about everyone has a Playstation or XBOX or knows someone with a massive PC for gaming.
Also, don't forget you also have a TV or monitor on when gaming so add that in too.

Gold is not a surprise it's always consumes a lot of power as does paper.

How much power do you think is needed to grow / harvest / roast / grind / make coffee? But there is no way in hell you can tell that many people they can't have their caffeine addiction.

-Dave

[pakhitheboss]

My question is; Why then do people talk about Bitcoin mining power consumption like it is the most and worst energy consumer?

The reason behind it is mainstream media and those governments that know slowly Bitcoin would eat up their financial system. It is so unreasonable to point fingers only at Bitcoin mining but yet they would without any solid proof. No one can question them as they have control over a country and a propaganda system.

Another reason would be the financial institution that pays these media houses to spread fear and hate against Bitcoin as they know in the future they would not be able to save their hegemony.
.

[BitcoinBarrel]

It's extremely hypocritical that most people say Crypto consumes excess energy when your average person has 3 TVs, 2 Refrigerators, computers, tablets, phones with a large portion of electricity being utilized for entertainment purposes only.

At least crypto has a real-world, practical application.

[famososMuertos]

The issue lies in the usefulness of the information in the corresponding cause, without a doubt there is a high energy consumption of bitcoin, but there is energy consumption in various sectors that far exceeds bitcoin.

So bitcoin is a reality of recent energy consumption and it is very real, but "on the red carpet" of consumption it is not alone.

Part of  issue is that governments increasingly feel that the return of what bitcoin consumes in energy is not reflected in taxes, and for the benefit of third parties; direct and indirect jobs, in comparison with other sectors and then, add the ecological discourse that is shoting "green speechs" for bitcoin.

In any case, the source (OP) also serves as an example when prosecuted information is used to obtain an opinion and divert attention from the real focus, which is to seek solutions and not blame.

[dansus021]

My question is; Why then do people talk about Bitcoin mining power consumption like it is the most and worst energy consumer?

hahaha very true its because they don't like it and says that bitcoin is very bad for climate change ~ i mean yes it bad for climate change but if we look that graph there is other things that much worse than bitcoin mining.

and this September we all gonna see the merge and the birth of PoS in Eth which mean more cut to energy mining

[KennyR]

On the first note, the governments should focus on paperless economy. As things have turned digital, documentation on systems and avoiding paper documentation will lower the massive energy consumption. Whenever there is something connected to energy issue, bitcoin is against green energy is the common note. Now the reality is different and for the production of paper deforestation is done. It looks like paper production costs big to the environmental change.