Billionaires launch campaign against bitcoin over energy consumption fears | Crypto Craft

  • Billionaires launch campaign against bitcoin over energy consumption fears

    From news.com.au

    Several large organisations as well as a famous US billionaire have launched a campaign against bitcoin. The top-ranked cryptocurrency has drawn ire from environmental activists because of the eye-watering amount of energy it takes up during its mining process. Bitcoin mining burns up 91 terawatt-hours of electricity annually, which is more energy than a small country like Finland with a population of 5.5 million uses in an entire year. Crypto billionaire Chris Larsen and several climate activist groups including Greenpeace and Environmental Working Group are calling for a major overhaul to the way bitcoin is mined. ... (full story)

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Goat
Mar 30, 2022 1:19am
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I can't wait to see the moon bois square off against the green bois.
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I got my money on green, they ain't new to this.
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Trader#A829
Mar 31, 2022 10:38pm
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If there's a move to proof of stake, perhaps they could limit holders to one vote each (prove identity and register to vote). That way, the richest won't have outsized control
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