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RE: The Greenhouse Effect - Climate Change
Good to shine some light on the energy requirement and repercussions of cryptos. Isn't bitcoin mining one of the largest energy sinks as well? Thanks for the informative post!
While BTC / other crypto mining does indeed present a waste, it isnt as bad as one might think. It isn't our biggest problem. Bigger fish to fry first. But to some extent, the crypto world needs to evolve for a sustainable market. We have PoS and more efficient mining algorithms, we have to determine whether the resources spent (in this case energy is finite on the planet) is really worth what these networks offer.