Technology

59466 readers

3653 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

988

Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption (www.tomshardware.com)

submitted 9 months ago by [email protected] to c/[email protected]

360 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 9 months ago (1 children)

I really don't see your point here. I'm agreeing that you can't use it for everything. But what's wrong with that? There are plenty of things in this world that aren't useful in every circumstance and yet that doesn't mean those things are worthless. Use them for the things that they're good for. Elsewhere in this thread I listed off a whole bunch of non-stock, non-currency applications that have been built on blockchains if you really don't like the monetary applications.

As a side note, though, I'm kind of amused and baffled that the Grand Nagus of all people is dismissing any monetary uses for cryptocurrency.

[–] [email protected] 1 points 9 months ago

You make it sound like it's not used for absolutely everything, but it's used for a lot.

And it just... isn't. It's almost entirely unused as a currency.