US government tracking the energy implications of booming bitcoin mining in US.

Over 2 percent of the US’s electricity generation now goes to bitcoin::US government tracking the energy implications of booming bitcoin mining in US.

  • hark@lemmy.worldEnglish
    01·
    8 months ago

    Skip ad. Bitcoin is pumped through ridiculous leverage and printing of “stable” coins like tether. The scam hasn’t unraveled yet, but that doesn’t mean it won’t.

    • makeasnek@lemmy.mlEnglish
      1·
      8 months ago

      Do you know that Tether and Bitcoin are different things? Because it seems like you don’t.

      • TypicalHog@lemm.eeEnglish
        0·
        8 months ago

        People defending Binance and Tether are either:

        • Clueless and haven’t done any research
        • Brainwashed
        • Part of the Binance/Tether cartel
        • Paid to do it
        • Lying to themselves
        • Aware of the truth, but want their bags to continue to be propped up by fraudsters

        Which one are you?

        • makeasnek@lemmy.mlEnglish
          1·
          8 months ago

          IDGAF about Tether, IMO it will collapse one day, and the world will be better for it. It’s a currency whose basis is “trust me bro”.