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parpol ,

Say what you want about cryptocurrency, but to address the energy problem, The reason for this is the exact same reason the fediverse also uses a shit ton more energy than the centralized alternatives like reddit and extwitter.

Decentralization usually comes at a cost of performance or energy.

It’s not good that so much energy is used to sustain it, but the only reason it is needed is so that it can stay fully decentralized.

Some blockchains use proof of stake for this reason, which greatly reduces the energy needed to less than .01% of what proof of work requires, but instead more money = more voting power.

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