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Ethereum Saves As Much Energy As All Of Ireland Needsmedium.com/p/ethereum-saves-as-much-energy-as-all-of-ireland-needs-d4c2ec287f53
0 sats \ 2 comments \ @cryptoarena 8 Dec 2022 bitcoin
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20 sats \ 0 replies \ @NorthKoreanHostage 8 Dec 2022
Hey bud, electricity is what makes crypto secure.
Ethereum just gave up all its security because it makes it more profitable for the scammer who created Ethereum with a large premine (>70% of today's current supply) for him and his VC investors.
When you buy any cryptocurrency that's not Bitcoin, you're just enriching the asshole who created a scam.
Only buy Bitcoin because Bitcoin is the only crypto who's rules can't be changed to screw everybody for the benefit of the asshole who changes the rules.
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0 sats \ 0 replies \ @timechain 8 Dec 2022
In actuality, almost no power was saved by the switch.
People already bought those GPUs. They aren't just gonna throw them out. GPUs can easily switch to any hashing algo (and they do all the time). They are now mining some other coin. I bet all other GPU minable (non-ASIC) POW coins prob got a bump in hashpower recently.
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