misk@sopuli.xyz to Technology@lemmy.worldEnglish · 10 months agoJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.comexternal-linkmessage-square81fedilinkarrow-up13arrow-down11cross-posted to: technology@lemmy.world
arrow-up12arrow-down1external-linkJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 10 months agomessage-square81fedilinkcross-posted to: technology@lemmy.world
minus-squareNιƙƙιDιɱҽʂ@lemmy.worldlinkfedilinkEnglisharrow-up0·edit-29 months agoI feel like calling bitcoin a grifter scheme is kind of like calling fiat currency (edit: in general) a grifter scheme. Which I guess isn’t entirely untrue…
minus-squareEcho Dot@feddit.uklinkfedilinkEnglisharrow-up1·9 months agoOh not this again. Crypto is also fiat. It’s backed by nothing except the trust that it exists, therefore it’s fiat.
I feel like calling bitcoin a grifter scheme is kind of like calling fiat currency (edit: in general) a grifter scheme. Which I guess isn’t entirely untrue…
Oh not this again.
Crypto is also fiat. It’s backed by nothing except the trust that it exists, therefore it’s fiat.