@misk@sopuli.xyz to Technology@lemmy.worldEnglish • 11 months 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-up11.02Karrow-down130cross-posted to: technology@lemmy.world
arrow-up1988arrow-down1external-linkJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.com@misk@sopuli.xyz to Technology@lemmy.worldEnglish • 11 months agomessage-square360fedilinkcross-posted to: technology@lemmy.world
minus-square@bhmnscmm@lemmy.worldlinkfedilinkEnglish4•11 months agoI stand corrected. There is literally no functional difference between “currency” and (at least some) crypto.
minus-square@agent_flounder@lemmy.worldlinkfedilinkEnglish5•11 months agoHow much energy is required for use of each?
minus-squarekirklennonlinkfedilink3•11 months 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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There is no reason for CBDC to use blockchain.
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?
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.