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RE: Bitcoin Mining now consuming more electricity than 159 individual countries

in #electricity8 years ago

This is such an inefficient system, at a time when we need to reduce wasteful consumption. Imagine if bitcoin hits 1 mil what the power consumption will be. This is why I support a POS system, hopefully ethereum will take over and save us from wasting more energy. I must admit I do mine as well but I'm not sure how much longer I can support such a wasteful system.

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