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Over 2 percent of the US’s electricity generation now goes to bitcoin (arstechnica.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[-] assassin_aragorn@lemmy.world 1 points 9 months ago

More miners join, more difficult and expensive it gets, to the point it forces the least efficient miners to be turned off, or seek cheaper electricity.

So wealth continues to be concentrated by the wealthy while polluting a bunch.

[-] deafboy@lemmy.world 1 points 9 months ago

So wealth continues to be concentrated by the wealthy

You know the business is legit, when the only complaint is "BuT ThE RiCh!!"

this post was submitted on 03 Feb 2024

398 points (94.8% liked)

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