| The title should be: 'Proof-of-work cryptocurrencies are worse for the climate than you think'. The author knows it as described in the footnote [0], but why not put in some clickbait anyway and hide the fact that the study they linked to are related to all PoW cryptocurrencies [1]. Not all cryptocurrencies are PoW like Bitcoin. XRP, Cardano, Solana, Polkadot, Stellar and Algorand to name a few with over $1B market cap are not 'burning the planet'. Maybe by that logic, every single car (including electric ones) is worse for the climate than you think. Is that a safe generalization? Does that mean you should stop driving your car, truck, etc? No. Greener alternatives to petrol and diesel actually exist for such vehicles. The same is true for some 'cryptocurrencies' (coins) that have over a billion market cap which are greener alternatives to PoW cryptocurrencies like Bitcoin. But nice try with the clickbait headline and sweeping generalization to all cryptocurrencies though. How comes this petition, led by many critics also know this difference? [2] They tried to ban mining in the UK and it appears to have failed to get attention and enough signatures for a discussion in parliament in the UK. [0] https://rollen.io/blog/crypto-climate/#footnote:1 [1] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7402366/table/t... [2] https://petition.parliament.uk/petitions/601629 |