“It’s a telling social phenomenon of late capitalism that we are willing to construct elaborate computer networks to conduct secure transactions with each other — and in the process torpedoing our hopes at a clean energy future.”
Eric Holthaus, Meteorologist, Columnist · Bitcoin since: +736%
As published by Grist
Bitcoin’s Energy Use Got Studied, And You Libertarian Nerds Look Even Worse Than Usual ↗
A little perspective.
Bitcoin on that day$8,059May 17, 2018
$100 at that price$836.31At our latest price check
Illustrative value using a Bitcoin price of $67,395, checked Nov 14, 2026, 3:27 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin’s Energy Use Got Studied, And You Libertarian Nerds Look Even Worse Than Usual” — Eric Holthaus, Grist, May 17, 2018. Bitcoin: $8,058.6. https://bitcoindeaths.com/posts/2018-05-17-bitcoins-energy-use-got-studied-and-you-libertarian-nerds-look-even-worse-than-usual