Posts

RE: RE: Will Ethereum's Journey To Merge Lead To A Split?

avatar of @geekgirl
25
@geekgirl
·
·
0 views
·
1 min read

After making this post I saw this article that suggests there might be risks or threats from regulators for Ethereum on PoS.

https://decrypt.co/107700/coinbase-ceo-wed-shut-down-ethereum-staking-if-threatened-by-regulators

When it comes to PoW, I don't think governments would ban because of energy consumption. However, they try to make it more difficult for miners sometimes. I actually see opportunities for government and private sector collaboration and cooperation to create infrastructure that can be paid by mining profits, but also be useful for communities, cities, and countries as such new infrastructure may provide electricity at lower costs.

Overall, I believe mining is more efficient way of creating value than any other ways energy is consumed.

Posted Using LeoFinance Beta