News for hackers. Stuff that matters.

A comment on Proof of work is temporarily illegal in New York. Parent comment

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.
[ Parent | on HN ]
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.

[ Parent | on HN ]
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?
[ Parent | on HN ]