stopthatgirl7@kbin.social to News@lemmy.world · 10 months agoTexas paid bitcoin miner more than $31 million to cut energy usage during heat wavewww.cbsnews.comexternal-linkmessage-square71fedilinkarrow-up1459arrow-down19file-text
arrow-up1450arrow-down1external-linkTexas paid bitcoin miner more than $31 million to cut energy usage during heat wavewww.cbsnews.comstopthatgirl7@kbin.social to News@lemmy.world · 10 months agomessage-square71fedilinkfile-text
To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.
minus-squaretriplenadirlinkfedilinkarrow-up3arrow-down2·10 months agoall of your downvotes - many more than the person you’re replying to - are for trying to claim that a system that’s functioned as a pyramid scheme for most of its existence is not a pyramid scheme. how much cryptocurrency do you have?
minus-squarehavokdj@lemmy.worldlinkfedilinkarrow-up3arrow-down2·10 months agoCare to explain how BTC, a currency with no one controlling it, is a pyramid scheme? Who benefits from it besides huge miners? All they get is transaction fees paid to them for supporting the network. That’s not a pyramid scheme.
all of your downvotes - many more than the person you’re replying to - are for trying to claim that a system that’s functioned as a pyramid scheme for most of its existence is not a pyramid scheme.
how much cryptocurrency do you have?
Care to explain how BTC, a currency with no one controlling it, is a pyramid scheme?
Who benefits from it besides huge miners? All they get is transaction fees paid to them for supporting the network. That’s not a pyramid scheme.