Cryptocurrency mining uses significant amounts of energy as part of the proof-of-work time-stamping scheme to add new blocks to the chain. Expanding u…
That reminds me of this picture. The insane amounts of energy required for mining is a problem that we need to tackle. Bitcoin is still the gold standard, but it’s time to move on to other, greener coins.
Just don’t ask me which ones, I’m still figuring that one out.
That reminds me of this picture. The insane amounts of energy required for mining is a problem that we need to tackle. Bitcoin is still the gold standard, but it’s time to move on to other, greener coins.
Just don’t ask me which ones, I’m still figuring that one out.
Not that you are wrong about the crazy amounts of energy required for mining, but I don’t think that picture is a good example. I recall seeing it in the news, and it is from a cannabis grow operation in the Netherlands: https://www.independent.co.uk/news/world/europe/melting-snow-being-used-police-find-cannabis-farms-netherlands-10036057.html
Uh, whoops. Guess I should’ve done a reverse image search.
They’re called labour vouchers.
removed kid, start read about crypto.