Comment on Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption

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makeasnek@lemmy.ml ⁨8⁩ ⁨months⁩ ago

Ethereum uses proof-of-stake, there is no “mining” in a traditional sense, so its power consumption is more akin to e-mail than mining crypto. But proof-of-stake leads to centralization over time, which is antithetical to what Bitcoin people want.

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