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does anyone else think that articles like this are fueled self interested parties who don't have a stake in crypto? if crypto is here to stay, wont more effici
by mylons 9y ago
does anyone else think that articles like this are fueled self interested parties who don't have a stake in crypto?
if crypto is here to stay, wont more efficient mining hardware, potentially more efficient software, and things like recent advances in solar relax these fears in reality?
- ggg9990 9y ago> does anyone else think that articles like this are fueled self interested parties who don't have a stake in crypto? Journalists aren’t supposed to have a stake in the subject they cover. That’s the point. Not having a stake in cryptocurrency is “disinterested,” not “self-interested.”
- Para2016 9y agoThere are plenty of journalists with conflicts of interest. It's not ethical, but they do. Financial columnists sometimes don't even admit their conflicts, it's crazy.
- thousandautumns 9y agowouldn't the self-interested parties be the ones with a stake in crypto? and even if the article is written out of self-interest, does that somehow make its conclusions incorrect?
- maxerickson 9y agoIn the long run hardware efficiency shouldn't matter. At longer time scales the cost of the electricity consumed will always trend towards the value of the reward. Just by the simple mechanism of people seeing an opportunity to profit and buying hardware and turning it on.