Bitcoin Energy

I saw this piece about a planned Bitcoin “factory” in Texas.

Still, 800 locals have signed a petition against plans to built America’s largest bitcoin-mining facility — a facility which will consume 1.4 million gallons of water a day and 1 gigawatt of electricity (enough to power 200,000 homes).

This is just pure waste to support a giant Ponzi scheme. Isn’t it time to call a halt to all these frauds?

By reality, on July 24, 2022 at 7:42 am, under Crypto, Energy, Inflation & The Dollar, Manias, Rogues and Rascals, Truth and Trivia. No Comments

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Location : Port Orange, Florida, United States

I'm an independent investor. I make my living from the returns on my investments and have done so for more than 20 years now. My background is in IT, everything from sysadmin through datacenter manager through hardware and software product management. marketing and development to CTO. Plus a side trip in banking. I sail and fly.
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