I mined crypto for four years and never used a single drop of water.
As the article points out, they're including power-generation in the total. So, do you know that your power is generated 100% from some combination of wind, solar (photovoltaic), and hydro-electric?
Another pernicious thing about bitcoin is that it involves increasing amounts of computation, as time goes on.
so many people think transitioning off to electric vehicles on this same power grid is only going to save the planet...
If there wasn't
also a push to shift power-generation over to wind & solar, you might have a point.
I am not a fan of bit coins, but water is not destroyed and gone for ever. It may cause demand to exceed capacity, but the water remains on earth.
They're talking about it being removed from the watershed. If you live along the same river as me, and I evaporate a gallon of water to cool my server, that steam will condense and rain somewhere else - probably into a different river. Meanwhile, a gallon less water is flowing downstream to where you are, meaning you now have that much less water to use for whatever you need to do (e.g. crop irrigation, chip making, etc.).
An obvious problem with the headline claim is that someone might be consuming water where it's abundant. One gallon of water doesn't have the same value, everywhere. They do highlight water usage in some places where it's more scarce.
It's just wasteful tech no other way around it. We should outlaw brutr force crypto. Force all of it to move to stake.
I'd much rather see resource usage taxed appropriately than to see stuff getting outlawed. If you just make it too expensive, that will stop it because people won't do it if it's no longer profitable.
Part of the unique problem with crypto is that it can so easily move to the jurisdictions with the most lax taxes/laws/enforcement.