50.00% - The “proof of work” model necessitates exponentially increasing amounts of processing power and thus energy to mine the same number of Bitcoins.
30.00% - Cryptocurrency is designed to incentivize mining.
20.00% - Cryptocurrency produces nothing, consumes enormous energy, and creates value only by convincing more people to buy in — that's a Ponzi scheme with extra steps.
Cryptocurrency mining's energy consumption scales with its market price.
31.58% - Cryptocurrency is designed to incentivize mining.
26.32% - The “proof of work” model necessitates exponentially increasing amounts of processing power and thus energy to mine the same number of Bitcoins.
21.05% - The potential value return of a making a bitcoin must stay above the price of electricity required to make it.
10.53% - Cryptoart - based on nonfungible tokens (NFTs) - as a model should be rejected
10.53% - Cryptocurrency produces nothing, consumes enormous energy, and creates value only by convincing more people to buy in — that's a Ponzi scheme with extra steps.
100.00% - Cryptocurrency mining's energy consumption scales with its market price.
0.00% - Cryptocurrency’s energy cost is tied to its current price.
50.00% - Cryptocurrency