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IMF execs float raising crypto mining electricity prices by 85%

5 points by janandonly 2y ago

janandonly 2y ago
Among the failing of the Cointelegraph article 1. Not noticing that IMF's own data shows crypto-mining emissions reducing between 2022-2027 2. Failure to consider the IMF's potential conflict of interest; that an IMF report on Bitcoin has as much credence as a Report by Coke on why Coke is healthier than orange juice. 3. Recycling the flawed "energy use per transaction metric" that has been doubly-debunked. 4. Not inviting a single person knowledgeable on Bitcoin and energy to comment on the IMF report.
deleted 2y ago
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