Ethereum will use around 99.95% less energy post merge

Re:Ethereum will use around 99.95% less energy post merge by 8note on Tuesday May 18, 2021 @02:12PM (#27198746)

New people can still vote for their governments to affect those systems.

The distinction feels irrelevant

[ Parent | on HN ]

Re:Ethereum will use around 99.95% less energy post merge by leishman on Tuesday May 18, 2021 @02:17PM (#27198807)

It's very relevant. Mining is very easy to geographically diversify. PoS coins will almost all be controlled by US based custodians subject to US regulations. PoS coins will be controlled by the US financial industry at the end of the day

[ Parent | on HN ]

Re:Ethereum will use around 99.95% less energy post merge by zionic on Tuesday May 18, 2021 @02:26PM (#27198923)

This is completely false, late/end game PoW centralizes mining around the cheapest electricity. It is impossible to mine profitably in the overwhelming majority of the world now.

[ Parent | on HN ]

Re:Ethereum will use around 99.95% less energy post merge by 8note on Tuesday May 18, 2021 @02:29PM (#27198976)

Your government controls which coins you are able to use.

It doesn't matter if the coin becomes run by another geographic area if it's illegal for you to trade in them

[ Parent | on HN ]