Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption
Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption
The U.S government wants to crack down on the ballooning energy consumption of Bitcoin miners.
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No it's not? The fact that the energy supply can adjust to demand is a good thing rather than a problem. At least in the US. Looked into it, and it seems that there's an estimated to be over 300 billion barrels of recoverable oil that is mostly economically viable. Compare that to a current annual consumption of 7 billion barrels a year. There's enough to maintain current consumption for another 40 years. That is most of my remaining lifetime from domestic production alone.
I have some bad news for you about the environmental effects of burning lots of oil
They're a crypto bro. They probably think they'll live on a swimming libertarian island by then.
As long as there's enough for your remaining lifetime that's fine. We don't have to worry about anyone else's lifetime after that.
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I think you're telling on yourself
Not really. You still don't know much.
Anyways, having the wrong opinion and looking stupid by "telling on myself" here barely affects me at all.