this post was submitted on 03 Feb 2024
420 points (100.0% liked)

Technology

68441 readers
3644 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 1 year ago (2 children)

2% for the reliable independent monetary system seems like a good deal. How much does our current one consume with all its flaws?

[–] [email protected] 3 points 1 year ago

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.

[–] [email protected] 2 points 1 year ago

More like 2% for a casino.