News for hackers. Stuff that matters.

A comment on A16Z is re-registering as a financial advisor, renouncing its status as a VC. Parent comment

Re:A16Z is re-registering as a financial advisor, renouncing... by threeseed on Wednesday April 03, 2019 @12:01AM (#19560610)
I really hope VCs do the right thing by the environment and stop supporting any crypto company that involves the sort of excessive Bitcoin type mining we've seen today.

Whatever problem they supposedly solve does not outweigh the staggering impact to the planet.

[ Parent | on HN ]
Re:A16Z is re-registering as a financial advisor, renouncing... by 3mtj20 on Wednesday April 03, 2019 @12:29AM (#19560747)
Many of the newer, high profile blockchains have moved away from proof of work to proof of stake, which is not energy intensive
[ Parent | on HN ]