Tradefi banking uses 56x more energy than bitcoin mining (I posted a link on this a couple of weeks ago)

I often say that if you want inflexible power producers (like solar and wind that you can’t ramp up when you need them like coal and gas) you have to have flexible customers. And bitcoin mining is the world’s most flexible customer.

Otherwise if you don’t have flexible customers, you’re stuck with needing flexible generators (coal and gas) so take your pick: no renewable energy transition without bitcoin mining.