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A comment on The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for Years. Parent comment

Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for... by Moneyyyyy on Tuesday May 02, 2023 @02:44AM (#35784170)
And resources are not endless and instead of reducing CO2, we try random hashes

Great...

[ Parent | on HN ]
Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for... by eru on Tuesday May 02, 2023 @05:43AM (#35785218)
That's a valid concern on a global level perhaps.

For local decisions, they should check what gives them the most resources. And that might be 'trying random hashes to trade for goods and services'.

[ Parent | on HN ]
Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for... by Moneyyyyy on Tuesday May 02, 2023 @03:26PM (#35792839)
Yes and that's the problem.

Bitcoin can incentive a local market in a global scope.

Bitcoin is a horrendously horrible virus.

Quite crazy to think about that this virus might be invented all over again somewhere Ina distant Galaxy far far away.

[ Parent | on HN ]