To: Maurice Winn who wrote (170454 ) 4/13/2021 6:39:22 PM From: TobagoJack Read Replies (1) | Respond to of 217592 by that article I also mean that as it is un-PC to talk about groups in certain ways, it likely be un-PC to do hit job against the assets held by same identified groups that hold the asset I would imagine it is un-PC to, say, advocate a ban against hopped-up automobiles that dances on its pneumatic shock absorbers and plays certain sort of music at decibel detectable 100 meters away, as it should be un-PC to champion the ban of bitcoin that African communities use to catch-up I mean, one ought to get more votes to advocate government-sponsored hoarding of bitgold so that some vested communities delineated by ethnicity might right historical wrongs If Elizabeth Warren can claim some sort of ethnic heritage other than WASP, or close variant, surely the coconut should get dispensation for being 1/16 this 11/12 that, and whatever else when it comes time to queue for anything In the meantime another un-PC hit by Bloomberg against asset held by the minority, bordering on hate crime before the hit-piece article, the video is also interesting QYFqhKwwRIKY7vFNnZ5RqQ.m3u8 bloomberg.com Bitcoin Power Consumption Jumped 66-Fold Since 2015, Citi Says Josh Saul 14 April 2021, 05:59 GMT+8 Bitcoin mining is consuming 66 times more electricity than it did back in late 2015, and the carbon emissions associated with it will likely face increasing scrutiny, according to a Citigroup Inc. report. As of mid-April, global power demand by the Bitcoin network probably reached an annualized 143 terawatt-hours, about 4% higher than Argentina’s total electricity generation in 2019, the report said, citing numbers from the Cambridge University Center for Alternative Finance. “As the value of Bitcoin rises, so should its energy consumption,” Citigroup Inc. analysts said in the report. Carbon emissions related to cryptocurrencies have become a concern for climate watchers amid a surge in Bitcoin mining in China, where the electricity for such operations is partly supplied by coal-fired plants. The expansion of Bitcoin mining may face increasing regulations because of its climate impact, Citigroup said. “Mining and use of these ‘coins’ is undoubtedly energy-intensive and could face greater regulatory scrutiny as adoption expands, especially if the U.S. continues to scale its crypto footprint and market-leader China cracks down on Bitcoin mining if it adversely impacts its climate goals,” the analysts said in the report. Miners process Bitcoin transactions through vast arrays of computers that require huge amounts of energy to run. Emissions from blockchain operations aren’t listed separately, making it hard to monitor the actual behavior of the industry and design policies for it. Before it's here, it's on the Bloomberg Terminal. LEARN MORE