Reply to post: Re: We know it has no future

The dark equation of harm versus good means blockchain’s had its day

that one in the corner Silver badge

Re: We know it has no future

Are you claiming that the Bitcoins transacted in El Salvador are only managed (? what word should I be using here?) by the mining done in El Salvador?

You are totally sure that they aren't using the electricity generated somewhere else, somewhere with a mass of mining rigs who don't give a monkey's where the transactions are sourced, just so long as they can race to the hash first?

In other words, if El Salvador is responsible for a large number of transactions that "need" to be recorded, El Salvador is responsible for encouraging miners everywhere else. So any green power El Salvador has is irrelevant to the greenity of their Bitcoin usage.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon