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by SantalBlush
1628 days ago
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I think when people complain about emissions from Bitcoin, their beef is really with both energy emissions and Bitcoin. If our energy production did not pollute, then I wouldn't care how much people mine it, but as things are now, it seems wasteful. It is often considered more wasteful than those other things you listed because the mining algorithm is designed to be wasteful; i.e., if people design faster mining chips, it doesn't make anything more efficient or increase economic growth, it just causes the hashing difficulty to increase among all miners. That is sheer stupidity. |
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