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At least this might provide pressure to reduce the environmental impact of mining, if only to reduce costs.
by roguecoder 8y ago
At least this might provide pressure to reduce the environmental impact of mining, if only to reduce costs.
- baby 8y agoI see this arguments being thrown all the time, but I also like the argument that current infrastructures needed to run "previous-gen" currencies are actually burning way more[1]. While I wait for concrete research to estimate how much energy was wasted in the creation and maintenance process of these, I will abstain from spreading the FUD. [1]: https://en.bitcoin.it/wiki/Myths#Bitcoin_mining_is_a_waste_of_energy_and_harmful_for_ecology https://en.bitcoin.it/wiki/Myths#Bitcoin_mining_is_a_waste_o...
- duskwuff 8y agoThat argument looks like it was written 5 or 6 years ago, long before the modern cryptocurrency boom (and the associated rise in large-scale mining, e.g. in China). It hasn't aged well.