this post was submitted on 03 Feb 2024
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397
Over 2 percent of the US’s electricity generation now goes to bitcoin (arstechnica.com)
submitted 10 months ago by [email protected] to c/[email protected]
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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.

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[–] fruitycoder 1 points 9 months ago (1 children)

PoS and PoW both suffer from a centralizing of power issue IMHO so that doesn't sound implausible, TruthLabs seems to be throwing a lot of allegations towards the network though but I am not seeing the evidence yet.

[–] [email protected] 1 points 9 months ago (1 children)

Did you only skim through? They are literally presenting hard on-chain facts.

[–] fruitycoder 1 points 9 months ago (1 children)

Honestly just couldn't find them just second hand outlets saying they say.

[–] [email protected] 1 points 9 months ago (1 children)
[–] fruitycoder 1 points 9 months ago (1 children)

Yeah, it still seems like a lot of unfounded claims, like they point to an account and say "this is the CCP" and it very well be but I keep failing to see where those claims are substantiated.

[–] [email protected] 1 points 9 months ago

If you dig some deeper you will see it is. Ethereum Prometheum Wanxiang CCP