misk@sopuli.xyz to Technology@lemmy.worldEnglish · 2 years agoJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.comexternal-linkmessage-square360fedilinkarrow-up11.02Kcross-posted to: hackernews@lemmy.smeargle.fanstechnology@lemmy.worldtechnology@lemmit.online
arrow-up11.02Kexternal-linkJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 2 years agomessage-square360fedilinkcross-posted to: hackernews@lemmy.smeargle.fanstechnology@lemmy.worldtechnology@lemmit.online
minus-squarebhmnscmm@lemmy.worldlinkfedilinkEnglisharrow-up9·2 years agoI stand corrected. There is literally no functional difference between “currency” and (at least some) crypto.
minus-squareagent_flounder@lemmy.worldlinkfedilinkEnglisharrow-up5·2 years agoHow much energy is required for use of each?
minus-squarexep@kbin.sociallinkfedilinkarrow-up5·2 years agoThere is no reason for CBDC to use blockchain.
minus-squarekirklennon@kbin.sociallinkfedilinkarrow-up3·2 years ago CBDC is blockchain based, i.e cryptocurrency. A CBDC can be blockchain based, but almost none actually will be. China’s isn’t. Japan’s CBDC is not. In the US, the Federal Reserve is still in early stages but I’m confident it won’t use blockchain either.
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I stand corrected. There is literally no functional difference between “currency” and (at least some) crypto.
How much energy is required for use of each?
There is no reason for CBDC to use blockchain.
A CBDC can be blockchain based, but almost none actually will be. China’s isn’t. Japan’s CBDC is not. In the US, the Federal Reserve is still in early stages but I’m confident it won’t use blockchain either.