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Over 2 percent of the US’s electricity generation now goes to bitcoin (arstechnica.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Over 2 percent of the US’s electricity generation now goes to bitcoin::US government tracking the energy implications of booming bitcoin mining in US.

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[–] makeasnek@lemmy.ml 1 points 9 months ago* (last edited 9 months ago)

BTC's protocol has gotten steady, incremental improvements for 15 years without a single hour of downtime. Lightning was deployed a few years ago and continues to grow each year and get easier to use and deploy. Migration to quantum-resistant algorithms is in the interest of all parties who use the system including miners, banks, hedge funds, developers, users, etc. It's a very easy problem compared to other questions they faced around blocksize, taproot, etc.