Over 2 percent of the US’s electricity generation now goes to bitcoin

L4sBot@lemmy.worldmod to Technology@lemmy.world – 361 points – Over 2 percent of the US’s electricity generation now goes to bitcoin
arstechnica.com

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.

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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?

IDGAF about Tether, IMO it will collapse one day, and the world will be better for it. It's a currency whose basis is "trust me bro".

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.