If you are not a subscriber of The Pomp Letter, join 215,000 other investors who read my personal opinion on finance, technology, and bitcoin each morning. To investors, There was a new ESG campaign launched earlier this week called “Change the Code, Not the Climate.” The goal was to bring awareness to bitcoin’s proof-of-work consensus mechanism, along with a perceived negative environmental impact from the perspective of the campaign creators.
Loved the debate, Pomp and appreciate your balanced take on Chris' intentions here.
Could I just clarify where you get the 66% cited by Cambridge from (on how much of mining energy comes from renewables usage)?
Can't find it on their website (https://ccaf.io/cbeci/mining_map). I'd really appreciate a reply, and if anyone in this community can help, that'd be great, too. (Sorry if this is a dumb question!)
https://opensea.io/assets/matic/0x2953399124f0cbb46d2cbacd8a89cf0599974963/62097418072115520341856931447588711730777946402128391765815310137056251822656/
Check my Nfts project
Loved the debate, Pomp and appreciate your balanced take on Chris' intentions here.
Could I just clarify where you get the 66% cited by Cambridge from (on how much of mining energy comes from renewables usage)?
Can't find it on their website (https://ccaf.io/cbeci/mining_map). I'd really appreciate a reply, and if anyone in this community can help, that'd be great, too. (Sorry if this is a dumb question!)
Thanks!
hold up, Cardano is more decentralized than Bitcoin by design of decreasing rewards for overly saturated pools
"compete, don't complain" great quote...
except unless, the markets are rigged...