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TopicOver 2% of total US electricity generation now goes to bitcoin mining
GunmaN1905
02/05/24 8:49:18 AM
#10:


Unsuprised_Pika posted...
-Might legit kill people

A lot of these crypto morons are completely clueless on how PCs and electricity work.
A couple of years ago there was a case in my area where a woman died. Electricity surge from a poorly set-up mining rig killed her.

Natural selection, some would say.

RchHomieQuanChi posted...
The world would be so much better off without cryptocurrency and snake oil selling "crypto bros"

I never understood how did banks that control everything allow crypto to spiral out of control.
For example, 10 of us in here decide we're creating a CEMEN currency and that from now on it's going to be worth $10k per 1 CEMEN. And everyone just accepts it? Like wtf?
That's what crypto is, pretty much. Creating money out of thin air.

Now I'm not saying that people shouldn't exploit idiots for easy money, but I kind of never understood how something that literally generates money out of nothing became so uncontrolled. Especially with how easy it is to evade taxes or even pay for illegal services with crypto.
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