White house report!

Mining & Hardware
#1

What do you guy think of the white house thinking about eliminating proof of work cryptocurrencies?

I’m in the USA and starting a crypto farm which uses pow. This makes me think twice about my farm but I’m not convinced that the white house will do this.

FACT SHEET: Climate and Energy Implications of Crypto-Assets in the United States - The White House.

https://www.whitehouse.gov › …PDF
CLIMATE AND ENERGY IMPLICATIONS OF CRYPTO …

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#3

white house wants to band proof of work cryptocurrencies in the USA because of the energy intensity it uses.

#4

The article suggested using proof of stake vs pow as energy used in pos is minimal.

#6

See original post. I add the PDF & fact sheet from the white house.