@[email protected] to TechnologyEnglish • 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: environmenttechnology
arrow-up1989arrow-down1external-linkJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.com@[email protected] to TechnologyEnglish • 11 months agomessage-square360fedilinkcross-posted to: environmenttechnology
minus-square@bhmnscmmlinkEnglish4•11 months agoI stand corrected. There is literally no functional difference between “currency” and (at least some) crypto.
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.
deleted by creator
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.