Yeah! Don’t use power plants for crypto. Use it for AI, as god intended.
/S
Submitted 2 days ago by Pro@programming.dev to technology@lemmy.zip
https://insideclimatenews.org/news/10052025/new-york-bitcoin-mines-buying-up-power-plants/
Yeah! Don’t use power plants for crypto. Use it for AI, as god intended.
/S
chicken@lemmy.dbzer0.com 2 days ago
Besides the climate implications, this highlights the centralization risks in Proof of Work mining; the only way to mine Bitcoin profitably is if you have some kind of privileged access to electricity with effectively low ongoing cost, and that access is gated by government regulation.