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Too funny. "Mining" (fake mining) cryptocurrency requires (real) mining of coal!

The next-generation of currencies was supposed to be very "green," but they require huge amounts of energy and wind and solar aren't enough! You need highly reliable power to "mine" cryptocurrency and only conventional power sources cut the mustard.


1 posted on 04/13/2018 8:38:48 AM PDT by ProtectOurFreedom
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To: ProtectOurFreedom

This is insanity..............................


2 posted on 04/13/2018 8:43:55 AM PDT by Red Badger (Remember all the great work Obama did for the black community?.............. Me neither.)
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To: ProtectOurFreedom

3 posted on 04/13/2018 8:45:01 AM PDT by Red Badger (Remember all the great work Obama did for the black community?.............. Me neither.)
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To: ProtectOurFreedom

WTF?


7 posted on 04/13/2018 8:58:56 AM PDT by exPBRrat (.)
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To: ProtectOurFreedom

For what it is worth, and, for a moment, taking this at face value, does this not begin to make an argument for some cryptocurrency taxation to cover infrastructure investment and costs to support the transactions?

The “holy grail” of currency exchange will be burdened with unfunded overhead as it becomes main stream?


8 posted on 04/13/2018 9:13:13 AM PDT by Tenacious 1
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To: ProtectOurFreedom

Bottom line for us: If you didn’t mine for bitcoin years ago using a few home pc’s running continuously, when the bitcoins were low on the tree, it’s gonna cost you significantly to get in now to go after ever diminishing and higher up fruit.


10 posted on 04/13/2018 9:39:15 AM PDT by polymuser (Its terrible to contemplate how few politicians are hanged today. - Chesterton)
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To: ProtectOurFreedom

I heard that there was a boxcar full of millions of dollars of bitcoins that was shoved off a ferry in Lake Michigan.

They are searching for it now with metal detectors. No luck so far.


11 posted on 04/13/2018 9:39:45 AM PDT by faucetman (Just the facts, ma'am, Just the facts)
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