O_i

I totally understand, I’m tired of having the conversation as well. In the video I posted earlier it sheds light on how renewable energy companies can be incentivised to add mining bitcoin to their process. Has a lot to do with modern tech and how energy is used/distributed.

Example of a mining company working with the Navajo nation in the US adding solar panels.

https://finance.yahoo.com/news/bitcoin-mining-in-navajo-land-yields-jobs-revenues-while-revealing-economic-disparity-195141438.html

Could you explain how it’s a pyramid scheme? General curious as no one owns it

I encourage you to read more. If you’re using lemmy then you should already understand the core concept of bitcoin (not crypto/shitcoins)

Bitcoin miners aren’t doing re work, they mine the next block of thousands of transactions.

There’s also the other side of the conversation that over 51% of the network uses green energy.

Does anyone know how much energy the banking system uses?

Edit: lol so much downvote for a reasonable question? Enjoy your inflation and your money being sent overseas by your masters squares

https://www.youtube.com/live/1jOUnFH-Ins?si=DNiscpajsDoUmbvd

lol still waiting on Biden to call it genocide

lol that’s pretty dark

Only logical answer here

lol not your keys!