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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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[–] fruitycoder@sh.itjust.works 3 points 9 months ago (1 children)

That's a good point a lot of the crypto markets influence is still more focused as an investment vehicle for getting more fiat wealth, that's more reasonable to me. I guess I am just a die hard engineer and the practical uses matters a lot more than the price of tulips.

[–] linearchaos@lemmy.world 2 points 9 months ago

I mean honestly you're right. Nobody should be left on the Bitcoin side from an environmental or a cost standpoint. But I have no idea how long it's going to take to catch up.

I will say that at some point if there is an awakening, bitcoin's going to crash so f****** hard. And the first ones out are going to make all the money.