this post was submitted on 02 Feb 2024
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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.
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.
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.
Thanks for the correction. Slightly overestimated 😁
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"