Lmao he literally just retweeted something and typed out "And 50x more useful" with no justifications whatsoever. How the hell were they able to make a story out of this?
But yeah Bitcoin mining being energy intensive isn't fake news. It's true and even comes with figures, but it's being way overstated. Almost as overstated as saying Bitcoin mining is 50x more useful than gold mining just because lol.
Topic: BITCOIN MINING ’50 TIMES MORE USEFUL’ – BARRY SILBERT REBUTS ENERGY COST VS. GOL (Read 128 times)
November 08, 2018, 02:59:53 AM
November 08, 2018, 01:18:22 AM
Just because Barry Silbert pulled a # out of his arse does not make it true.
Fact: Bitcoin Mining is extremely wasteful for the Pathetic Onchain Transactions Performance it offers.
November 07, 2018, 11:22:04 PM
BITCOIN MINING ’50 TIMES MORE USEFUL’ – BARRY SILBERT REBUTS ENERGY COST VS. GOLD
Cryptocurrency industry figures continue to hit back at negative stories about Bitcoin mining in mainstream media, Barry Silbert claiming mining Bitcoin was “50 times more
Read more:
https://www.trackcoinmarket.com/crypto-news/38189/bitcoin-mining-50-times-useful-barry-silbert-rebuts-energy-cost-vs-gold
Cryptocurrency industry figures continue to hit back at negative stories about Bitcoin mining in mainstream media, Barry Silbert claiming mining Bitcoin was “50 times more
Read more:
https://www.trackcoinmarket.com/crypto-news/38189/bitcoin-mining-50-times-useful-barry-silbert-rebuts-energy-cost-vs-gold
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