This has done the rounds a few places, and ofcourse, it's a good time to dance on the grave of cryptochuds who lost a lot of money
But just... Do you guys remember how much fucking electricity it took to mint one of these ugly fucking things?
According to that article, 23 Million people own an NFT, and from estimates based on using the etherium blockchain, that uses 340 kWh between minting, bidding and change of ownership. Each. That's 7,820,000,000 Killowatt Hours, or in simpler terms 7.82 Terrawatt Hours. For what its worth, that's about half of the 15TWh which the entire fucking planet earth uses a day
So, yeah, for people to have ugly AI made pictures which no-one else can own (and also are now totally worthless), we basically had every single power power station, on the planet, run for 12 hours. Every coal, gas, oil or waste to energy power plant on planet earth... For NFTs... So people could own jpegs...
Yeeaaaeah, I'm happy that the planet's dumbest people lost a bunch of money, but fuck, can we just think what a tyre fire of a waste of everyones time and resources it was?
It's really fucking depressing tbh.
