Amy and David answer your questions — bitcoin mining, ETH staking, FTX, Tether, and more!
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As long as money exists, fraud and get-rich schemes will be with us.
  • self@awful.systemsEnglish
    3·
    10 months ago

    The network currently produces 23.75 kilotons of e-waste per year, comparable to the entire Netherlands, and every bitcoin transaction uses enough water to fill a swimming pool.

    I’ve known for a while how utterly wasteful bitcoin is, but I feel this one in the pit of my stomach. can you imagine wasting a whole swimming pool of water every few minutes gambling? even Vegas casinos, monuments to excess, are a bit less wasteful than that

    • Steve@awful.systemsEnglish
      3·
      10 months ago

      I keep thinking this too. Imagine knowing this and being responsible for it. Knowing no one uses the bitcoins and if they ever did it would need more water