Re:Fe: next generation smart contract language for Ethereum
by cflynnus on Tuesday December 06, 2022 @01:17AM
(#33876495)
https://www.newsweek.com/bitcoin-mining-track-consume-worlds...
"Bitcoin Mining on Track to Consume All of the World's Energy by 2020"
Yep we've heard this all before.
The most ridiculous point I've seen by far is the idea that actually, energy is not "wasted", because it's actually generating heat. It is true that computers are 100% efficient space heaters, but that's not the point.
The point is that if you scale the Bitcoin network up, it would put tremendous strain on the energy grid. That's not FUD at all!