You are absolutely right! Energy consumption is often viewed as a criticism of Bitcoin, but it doesn't tell the whole story. As an innovative and disruptive technology, the Bitcoin network must expend energy to provide security for users.

Moreover, critics often overlook the fact that Bitcoin mining incentivizes renewable energy development in unprecedented ways. By locating mining operations in areas with cheap or excess power generation like hydroelectric dams or geothermal plants, miners facilitate economic development in regions where stranded resources previously went unused.

As we continue

At a minimum, a good use of energy.