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Over 2 percent of the US’s electricity generation now goes to bitcoin
(arstechnica.com)
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this post was submitted on 03 Feb 2024
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Honestly eth just made more progress between built in smart contracts and proof of stake, I'm surprised Bitcoin is still holding on. Sunk cost fallacy I guess.
PoS and PoW both suffer from a centralizing of power issue IMHO so that doesn't sound implausible, TruthLabs seems to be throwing a lot of allegations towards the network though but I am not seeing the evidence yet.
Did you only skim through? They are literally presenting hard on-chain facts.
Honestly just couldn't find them just second hand outlets saying they say.
https://twitter.com/BoringSleuth
Yeah, it still seems like a lot of unfounded claims, like they point to an account and say "this is the CCP" and it very well be but I keep failing to see where those claims are substantiated.
If you dig some deeper you will see it is. Ethereum Prometheum Wanxiang CCP