Good stats on why Bitcoin’s adoption does not lead to “exponentially increasing” energy consumption. Also, miners will increase their mix of renewable energy sources, which today is between 30-59%, to keep electricity costs low and address sustainability concerns.
Bitcoin mining revenue grows more slowly than market cap and transfer volume, as the block subsidy winds down and trends towards transaction fees only.
This is what people get wrong when they incorrectly think that bitcoin's energy usage is an exponential problem.
Moments ago in our #London saleroom, an extremely rare “Alien” CryptoPunk #7523 from the collection of @sillytuna sold for $11.8M as part of our #NativelyDigital NFT auction – setting a new world auction record for a single CryptoPunk.
@jack@jack , MPC / threshold signature wallets where m-of-n key shards are required to sign a transactions. e.g., have 3 shards: 1 for user, 1 for assistance, 1 for backup. require 2 of 3. Shards generated independently. Better than multi-sig.
@Mudit__Gupta@ethswarm The next wave: yield farming on Testnet and swap to Mainnet after. Minimize hack impact, minimize gas costs. Genius! Test ETH may even be worth $$$ soon.