Re:Proof of work is temporarily illegal in New York
by germandiago on Thursday November 24, 2022 @11:57AM
(#33733490)
If you ban fossil energies and nuclear/gas I am not sure from where you are going to take all energy from.
With the current technology it is just impossible.
Re:Proof of work is temporarily illegal in New York
by felurx on Thursday November 24, 2022 @12:18PM
(#33733755)
They aren't like any other citizen, because they use a really, really huge amount of energy. If they did use as little energy as any other citizen, there wouldn't be a problem.
If anything, you'd have to compare them to huge companies or something. And those are still significantly different to (and usually more useful to society) cryptominers.
Re:Proof of work is temporarily illegal in New York
by ashwagary on Thursday November 24, 2022 @07:22PM
(#33737677)
>If anything, you'd have to compare them to huge companies
Sounds like this is a good reason for them to pay lower rates per kwh.
Re:Proof of work is temporarily illegal in New York
by siwatanejo on Saturday November 26, 2022 @02:10AM
(#33750621)
Sure, so compare them with Google if you want (because I guess google's electricity bill for data centers is huge). Now, why would you want to forbid what bitcoin miners do with the energy they purchase while you don't forbid what Google does with the energy they purchase?
But miners just pay their energy bills like any other citizen. Who are you to tell them what activity should they perform with the energy they purchase?