NY proposed regulations requiring crypto mining be powered by 100% renewables(cointelegraph.com)
cointelegraph.com
NY proposed regulations requiring crypto mining be powered by 100% renewables
https://cointelegraph.com/news/new-york-governor-yet-to-commit-to-signing-bitcoin-mining-ban-into-law
Why is it wrong? Because BTC still produces co2 with renewable. It competes with much more critical energy consumers like heating and day to day life.
It still produces tons of hardware garbage.
What we need is a Bitcoin mining co2 tax.
Bitcoins deconnected market needs to be connected to the normal energy market. Currently Bitcoin is competing with aluminium makers and all others but with total randomes
And before someone tells me that everyone can do with there energy whatever they want: climate change affects us all. We already have big issues but at least Bitcoin doesn't solve any with it's huge co2 footprint.
And yes you! Also need cheap aluminum heating gas for your car. Don't think you are not affected negatively by Bitcoin!