Technology

This can only be combated with another approach imo: Mining is not resource but time intensive. As in: No matter how many resources you throw at it, it doesn’t matter whether you run the “miner” on one or 200 computers, it will still generate the same sum.

This is how staking works for some cryptos, which replaces mining for the purpose of minting tokens. also called proof-of-stake (bitcoin is a proof-of-work).

edit: furthermore, bitcoin automatically adjusts the math to mint the same "amount" per cycle which is why energy and hardware becomes more and more competitive. it literally incentivizes people to use more and more energy to be competitive for mining rewards, even if it doesn't need to be that way. if bitcoin never exploded all over social media, mining would be "cheap", relatively speaking.

imo, bitcoin is an outdated cryptocurrency using archaic technology in quite literally every respect. there are far smarter, more modern, greater utility tokens, not to mention environmentally friendly solutions already available today. people just don't care as much because it's not all over social media. reality is, bitcoin is just the most popular, because it was the first cryptocurrency on the market. no other reason to it. it's really, quite useless, for anything except make money for its owners sitting on piles of it like it's gold.

but i have hope that, the more there are people who acquire awareness of the alternative cryptotechnologies, their functions and solutions, the sooner it could one day outpace bitcoin and similar useless tokens which holds its sole value from the proof-of-work concept. and hopefully shift the public consensus towards the future.