this post was submitted on 09 Feb 2024
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Ultimately, mining should be banned from the surface of Earth. Let miners build orbital solar panel infrastructure close to the Sun where power is plentiful. See Bitcoin developer Peter Todd's 2017-09-10 presentation on the subject (transcript).
Edit: Fixed URL. Edit2; Add transcript link.
Wait till you find out how much energy banking uses...
How much? How much of total US power is used by banks? You have a number, right?