Post #33736 by PucksFool on the US Policy board

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I've read that crypto currencies require massive amounts of electricity. The coins have to be "mined" and solving the pointless problems to mine them requires energy. Every transaction has to be accounted for and recorded in perpetuity, which again requires data storage and electricity. Who is paying the electricity bills for all these crypto costs? I never hear any of the crypto advocates complaining about their high energy bills. That leads me to think that the costs are being borne by others.

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