this post was submitted on 03 Feb 2024
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Over 2 percent of the US’s electricity generation now goes to bitcoin::US government tracking the energy implications of booming bitcoin mining in US.

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[–] daniskarma@lemmy.world 39 points 9 months ago* (last edited 9 months ago) (30 children)

Is it not a way in which some governments could collaborate to end this Bitcoin madness?

Genuinely question.

Like maybe some big countries could agree to collaborate and join resources to make a 51% attack and bring Bitcoin price to 0 so people stop wasting resources on it.

2% of enery usage for something that do not add any value to society is INSANE.

[–] WhiteHawk@lemmy.world 11 points 9 months ago (6 children)

If you destroy Bitcoin, another currency would take its place.

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