Cryptocurrencies need to get their shit together. It consumes 0.5% of the world's energy today, and consumes 20% more month over month. May 2018: 1/200. Dec 2020: 200/200. Cryptocurrencies need to be banned today. Not tomorrow. Not in a year. Today.https://grist.org/article/bitcoins-energy-use-got-studied-and-you-libertarian-nerds-look-even-worse-than-usual/amp …
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According to your logic: if the coal plant is producing cheap energy, won't demand be centralized around it too? 5% is an initial number. With a 20% increase of waste, month over month, that number is bound to go up.
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Right. And where does the exponentially increasing power consumption come from?
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Also: 5% of something disgusting is still something disgusting. Glorified brute force attacks on hashes is not worth any of this, no matter how good the marketing machine behind it runs.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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