molly / web3-is-going-great

A timeline of some of the greatest hits in cryptocurrencies, NFTs, and other web3 projects since the beginning of 2021
http://web3isgoinggreat.com/
MIT License
779 stars 69 forks source link

[NEW]: NYTimes environmental costs of bitcoin mining #912

Closed bcb44 closed 1 year ago

bcb44 commented 1 year ago

Date

2023-3-10

Description

The NYT did a really nice job of documenting the electrical usage of bitcoin miners and putting that into easily understandable terms. Also documents some of the fucked up stuff bitcoin miners have negotiated with power companies like having to pay them to turn off during the texas grids struggles two years ago.

Maybe more of a essay than news

Links

https://www.nytimes.com/2023/04/09/business/bitcoin-mining-electricity-pollution.html

Agreement

Attribution name

No response

Personal link

No response

molly commented 1 year ago

Thanks! Not really suited to the W3IGG format, but appreciate the link!