To ease load on aging grid, state program offers energy credits to bitcoin miners to curtail their power consumption.

  • JokeDeity@lemm.ee
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    1 year ago

    All your downvotes are for using the words pyramid scheme. It’s a lot of not great things, for sure, but it’s not a pyramid scheme.

    • triplenadir@lemmygrad.ml
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      1 year ago

      all of your downvotes - many more than the person you’re replying to - are for trying to claim that a system that’s functioned as a pyramid scheme for most of its existence is not a pyramid scheme.

      how much cryptocurrency do you have?

      • havokdj@lemmy.world
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        1 year ago

        Care to explain how BTC, a currency with no one controlling it, is a pyramid scheme?

        Who benefits from it besides huge miners? All they get is transaction fees paid to them for supporting the network. That’s not a pyramid scheme.