They do, they blabber about how it's not actually waste because people value the waste. It's effectively a logical extension of the marginal value theory applied to ignorant self-destruction.
While they will talk about marginal value, they don't talk about entire systems incentivized to operate by creating value destructively, aka externalization at its finest.
If there is a geothermal source of energy in a location that is impossible to transmit electricity from, and you use it to mine bitcoin, is this immoral and a “waste” of energy? This literally happens in Iceland.
While they will talk about marginal value, they don't talk about entire systems incentivized to operate by creating value destructively, aka externalization at its finest.