To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.

To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.

  • JokeDeity@lemm.ee
    818·
    1 year ago

    All your downvotes are for using the words pyramid scheme. It’s a lot of not great things, for sure, but it’s not a pyramid scheme.

    • triplenadir@lemmygrad.ml
      32·
      1 year ago

      all of your downvotes - many more than the person you’re replying to - are for trying to claim that a system that’s functioned as a pyramid scheme for most of its existence is not a pyramid scheme.

      how much cryptocurrency do you have?

      • havokdj@lemmy.world
        32·
        1 year ago

        Care to explain how BTC, a currency with no one controlling it, is a pyramid scheme?

        Who benefits from it besides huge miners? All they get is transaction fees paid to them for supporting the network. That’s not a pyramid scheme.