Comment on Over 2 percent of the US’s electricity generation now goes to bitcoin
ikapoz@sh.itjust.works 7 months agoIf governments started regulating bitcoin because it was proof of work based then people aren’t going to pump real money into another proof of work scheme to replace it - why would they take the risk of it happening again when there are alternatives? the mining profit margins would disappear and so would they.
WhiteHawk@lemmy.world 7 months ago
It woulf take years and years to pass such a ban in a significant number of countries - assuming they would ever want to cooperate on this, that is
ikapoz@sh.itjust.works 7 months ago
Oh I think that’s probably true, but the question assumed it taking place