- cross-posted to:
- news@lemmy.world
- hackernews@lemmy.smeargle.fans
- cross-posted to:
- news@lemmy.world
- hackernews@lemmy.smeargle.fans
Over 2 percent of the US’s electricity generation now goes to bitcoin::US government tracking the energy implications of booming bitcoin mining in US.
2% for the reliable independent monetary system seems like a good deal. How much does our current one consume with all its flaws?
Bitcoin is anything but reliable and independent. And it’s 2% for the miniscule inconsequential amount of transactions it does compared to the amount of transactions happening.
More like 2% for a casino.