- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
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.
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.
Please don’t buy Bitcoin if you want the Earth to last.
How can we expect North Korea’s criminal enterprise to flourish without it?
If the Kims are getting a little backscratching from Greg selling me LSD that’s a price I’m willing to pay for quality
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Nice dislikes. Can you point to even one factually incorrect thing I said?
“will transition to decentralized”, “most likely”, because we can always trust people to give up their vast power and wealth voluntarily right?
Or you could use Bitcoin. Which has been decentralized and reliable for 15 years and doesn’t suffer from inevitably increasing centralization like every proof-of-stake coin does. And doesn’t have massive requirements to run a full node/validator, which inherently increases centralization. Scaling crypto requires adding layers on top of the base layer, not making the base layer so huge you need a server farm to run a full node. Lightning scaled Bitcoin to essentially an infinite number of transactions per second without increasing the chain size.
I avoid it to not feel like a dumbass.
Saving the energy is just a bonus…