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oil producers can ensure a 24x reduction in emissions compared to venting that methane into the atmosphere
As far as I know, flaring is the industry standard to get rid of methane gas, not venting. Venting is much more dangerous, while flaring also takes care of other (toxic) gasses.But flaring is a waste of money anyway, which is how CNG was born.
The best way for Bitcoin to consume less energy, is to give less money to miners. Miners convert their money in 3 things: hardware, energy, and profit. If profit gets too high, other miners buy more hardware and start consuming more energy, so there's always a balance between money, hardware and energy. Block halvings will eventually reduce their income more than Bitcoin's price increase increases their income. What's left is transaction fees, but it's hard to say how that will develop long-term.
Another one:
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The Bitcoin network functions as a unique energy buyer that could enable society to deploy substantially more solar and wind generation capacity.
This just shifts the equation from "hardware and energy" to "more hardware".Quote
Solar + Battery + Bitcoin Mining
All of those consume resources and energy to produce.Let's say I'm not easily convinced
