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 …
white house wants to band proof of work cryptocurrencies in the USA because of the energy intensity it uses.
The article suggested using proof of stake vs pow as energy used in pos is minimal.
See original post. I add the PDF & fact sheet from the white house.