Re:Just 137 crypto miners use 2.3% of total U.S. power
by ben_w on Friday February 09, 2024 @12:17PM
(#39317387)
0) yes they do, in extremis half a dozen HAEMP would basically take out the whole internet
(b) "seal the network in their borders" is much easier than that, lots of networks basically act like that already due to either voluntary compliance with local laws, or due to direct government interference with the networks
iii. the miners aren't really all that distributed, they group together for the same reason everyone else groups together instead of being free-range anarchists
[δ] all you need to do to shut down a currency within a country is arrest people using it, which is very easy and has a long history
(b) "seal the network in their borders" is much easier than that, lots of networks basically act like that already due to either voluntary compliance with local laws, or due to direct government interference with the networks
iii. the miners aren't really all that distributed, they group together for the same reason everyone else groups together instead of being free-range anarchists
[δ] all you need to do to shut down a currency within a country is arrest people using it, which is very easy and has a long history