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-squarepirat@lemmy.worldlinkfedilinkEnglisharrow-up0·7 months agoWhat makes it less real than other fiat currencies, if I may ask? If a currency is agreed upon being valid by multiple parties, I’d argue it is “real money”.
minus-squareمن البحر إلى النهر@lemmy.worldlinkfedilinkEnglisharrow-up1·7 months agoIt’s a speculative asset, based on the bigger fool theory. You need to sell it for real money to pay your taxes.
What makes it less real than other fiat currencies, if I may ask? If a currency is agreed upon being valid by multiple parties, I’d argue it is “real money”.
It’s a speculative asset, based on the bigger fool theory. You need to sell it for real money to pay your taxes.