Re:Cambridge Bitcoin Electricity Consumption Index
by chrisco255 on Wednesday February 10, 2021 @11:27AM
(#26091233)
Energy consumption does not necessarily mean environmental harm. That's not a law of the universe at all.
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Re:Cambridge Bitcoin Electricity Consumption Index
by mentalpiracy on Wednesday February 10, 2021 @11:47AM
(#26091524)
Where do you think energy being consumed comes from?
Re:Cambridge Bitcoin Electricity Consumption Index
by chrisco255 on Wednesday February 10, 2021 @12:05PM
(#26091810)
Depends on the source, right? For example, in Iceland it's mostly geothermal power plants. And that's why electricity is so cheap there, and that's why, despite being one of the smallest countries in terms of population, it is #4 for Bitcoin mining: https://www.cryptoknowmics.com/news/bitcoin-mining-top-5-cou...