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If we're keeping gas and coal plants online to power this or using gas generators to power data centers, I'd consider that a wasteful contributing factor.
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but we could also argue that not investing in extra non-fossil fuel capacity is the issue here. OR not investing in more research on super conductors and/or storage. Iceland could possibly export considerable amounts of renewable energy if we licked those problems.

I mean, under the same logic couldn't we kinda argue that TV has ruined the planet? A lot of energy for something of debatable physical value. OR Motor racing, football, The Olympic games? All that energy and waste just to find out who can throw a stick the furthest every four years.

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I suppose one could, but none of those are primary economic drivers with dim prospects for turning a profit (well, I suppose that may be true of TV).
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