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re: Which one of you made $10k last month mining Helium?

Posted on 8/30/23 at 10:22 am to
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69361 posts
Posted on 8/30/23 at 10:22 am to
why do people look the other way when it comes to mining and climate change?
Posted by Fat Batman
Gotham City, NJ
Member since Oct 2019
1412 posts
Posted on 8/30/23 at 10:39 am to
Posted by Korkstand
Member since Nov 2003
28745 posts
Posted on 8/30/23 at 11:23 am to
quote:

why do people look the other way when it comes to mining and climate change?
Not sure what you're talking about, energy usage of crypto is a huge issue. Plenty of people bitch about it and plenty of people working to make it more efficient. Lots of chains are proof of stake which requires far less energy than proof of work. Helium kind of uniquely uses proof of coverage which requires almost no energy. A "miner" burns about 5 watts.

Also I think a lot of people would be surprised at how much energy the "traditional" financial system requires. Crypto could very well end up significantly reducing the impact of the financial sector.

If you believe and/or care about that stuff.
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