misk@sopuli.xyz to Technology@lemmy.worldEnglish · 7 months agoJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.comexternal-linkmessage-square317fedilinkarrow-up1784arrow-down119cross-posted to: environment@lemmy.worldtechnology@lemmy.world
arrow-up1765arrow-down1external-linkJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 7 months agomessage-square317fedilinkcross-posted to: environment@lemmy.worldtechnology@lemmy.world
minus-squareNιƙƙιDιɱҽʂ@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·7 months agoI feel like calling bitcoin a grifter scheme is kind of like calling fiat currency a grifter scheme. Which I guess isn’t entirely untrue…
minus-squareEcho Dot@feddit.uklinkfedilinkEnglisharrow-up1·7 months agoOh not this again. Crypto is also fiat. It’s backed by nothing except the trust that it exists, therefore it’s fiat.
I feel like calling bitcoin a grifter scheme is kind of like calling fiat currency a grifter scheme. Which I guess isn’t entirely untrue…
Oh not this again.
Crypto is also fiat. It’s backed by nothing except the trust that it exists, therefore it’s fiat.