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But blockchain technology is explicitly built on the idea that you use a ridiculous amount of energy to do completely meaningless work. If they were at least using that power to do something useful like protein folding that would speak in favor of it.
The high energy spending is a problem, yes, together with the low tps, that's why I, personally, support NANO. The network supports unlimited tps and the whole network can be powered by a single wind turbine
Additionally https://l2beat.com/ lists all the issues of the rollups/layer 2s.