misk@sopuli.xyz to Technology@lemmy.worldEnglish · 9 months agoJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.comexternal-linkmessage-square373fedilinkarrow-up11.01Karrow-down129cross-posted to: technology@lemmy.world
arrow-up1976arrow-down1external-linkJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 9 months agomessage-square373fedilinkcross-posted to: technology@lemmy.world
minus-squareFaceDeer@kbin.sociallinkfedilinkarrow-up14arrow-down1·9 months agoIf there’s no demand for a particular crypto then people mining it can’t sell it and go out of business. People mine this stuff because other people will pay them for it.
minus-squareWallEx@feddit.delinkfedilinkEnglisharrow-up9arrow-down2·9 months agoGood job, totally missed my point. You can buy/sell ones that arent dependend on mining. Not every crypto is the same.
minus-squareFaceDeer@kbin.sociallinkfedilinkarrow-up10·9 months agoAh, you’re referring to non-proof-of-work chains. There’s no need to be snarky, your comment could be interpreted in multiple ways.
minus-squareWallEx@feddit.delinkfedilinkEnglisharrow-up7·9 months agoYou’re right, sorry, wrong destination
If there’s no demand for a particular crypto then people mining it can’t sell it and go out of business. People mine this stuff because other people will pay them for it.
Good job, totally missed my point.
You can buy/sell ones that arent dependend on mining. Not every crypto is the same.
Ah, you’re referring to non-proof-of-work chains. There’s no need to be snarky, your comment could be interpreted in multiple ways.
You’re right, sorry, wrong destination
No problem.