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 …
-
-
I hate when they say on the radio that bitcoin mining is "solving really difficult math problems". Like if I called BS with too much confidence, I'd expect the response, "Do you even know how bitcoin works?" To which, of course, I'd have to respond: "Well, only sorta."
-
Which is to say, it's opaque enough that I haven't yet found a source I can trust as having sufficient knowlege and lack of agenda that'd enable me to agree that—yeah—the explosion in power usage seems pretty unredeemable and perhaps even in need of intervention.
- 1 more reply
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.