US government tracking the energy implications of booming bitcoin mining in US.

Over 2 percent of the US’s electricity generation now goes to bitcoin::US government tracking the energy implications of booming bitcoin mining in US.

  • hark@lemmy.worldEnglish
    83·
    1 year ago

    Skip ad. Bitcoin is pumped through ridiculous leverage and printing of “stable” coins like tether. The scam hasn’t unraveled yet, but that doesn’t mean it won’t.

      • hark@lemmy.worldEnglish
        61·
        1 year ago

        Do you know that tether is printed and used to buy bitcoin? Because it seems like you don’t.

      • TypicalHog@lemm.eeEnglish
        4·
        1 year ago

        People defending Binance and Tether are either:

        • Clueless and haven’t done any research
        • Brainwashed
        • Part of the Binance/Tether cartel
        • Paid to do it
        • Lying to themselves
        • Aware of the truth, but want their bags to continue to be propped up by fraudsters

        Which one are you?

          • TypicalHog@lemm.eeEnglish
            3·
            1 year ago

            I just wish it collapsed sooner. At this point the effect on the whole crypto sector, be it BTC, ETH or ADA will be unimaginable for most people.