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Several major blockchains switched to proof of stake which uses virtually no power so that's some progress. Bitcoin is still using proof of work. Bitcoin miners
by wmf 3y ago
Several major blockchains switched to proof of stake which uses virtually no power so that's some progress. Bitcoin is still using proof of work. Bitcoin miners are trying to use the cheapest power available which in many cases is renewable but Bitcoin mining is increasing load on the grid faster than capacity can be added, so effectively their demand is keeping old dirty power around.