 |
|
RE: Ashtray, 2 crypto quesrioms
Posted on: May 16, 2021 at 13:36:48 CT
ashtray UF
Posts:
111045
Member For:
22.79 yrs
Level:
User
M.O.B. Votes:
0
1) I'm still holding DOT. It hit a recent high of about $50 and I still think it has a lot of room to go up.
2) Of course PoS is more energy efficient, but the negative press lately about the energy usage of PoW is all FUD. How much energy does the current fiat banking system use? I bet it's a lot less than Bitcoin when you include the buildings/offices, computer systems, paper usage, etc... Also, for the sake of profitability, miners have already been moving to alternative types of energy, which is why we've seen a rise in miners moving operations to green energy countries where electricity is subsidized by government.
2) Of course PoS is more energy efficient, but the negative press lately about the energy usage of PoW is all FUD. How much energy does the current fiat banking system use? I bet it's a lot less than Bitcoin when you include the buildings/offices, computer systems, paper usage, etc... Also, for the sake of profitability, miners have already been moving to alternative types of energy, which is why we've seen a rise in miners moving operations to green energy countries where electricity is subsidized by government.
Please explain why this message is being reported.
MESSAGE THREAD
RE: Ashtray, 2 crypto quesrioms - ashtray UF - 5/16 13:36:48