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.
You are viewing a single comment
Anything that makes bitcoin more valuable is a financial benefit to all people holding bitcoin. Anyone who has a brilliant idea is financially better off by making their own coin.
Miners, who have money tied up in bitcoin-specific hardware, have a vested interest in maintaining the POW system or else their capital loses value.
There are probably exchanges short on bitcoin that stand to profit from a decreasing price.
So yeah. Someone crippled bitcoin. That someone is Satoshi.