US government tracking the energy implications of booming bitcoin mining in US.

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.

  • makeasnek@lemmy.mlEnglish
    1·
    3 年前

    This may be true for Cardano, but not for Bitcoin. As more BTC gets mined, your percentage of the total supply goes down

    This is so terribly incorrect. Bitcoin has a fixed supply. Those miners are selling those coins on the open market and they are running out as you say. 1 BTC is the same portion of the total final supply it was a year ago or 10 years ago.

    • TypicalHog@lemm.eeEnglish
      2·
      3 年前

      My mistake, I was thinking about the current supply. Brain fart.
      It’s the same with ADA. 1 ADA is the same percentage of the total supply 5 years ago or now.