עטהערעום‘s co-founder וויטאַליק בוטערין און מאַטבייע מעטריקס‘ co-founder Nic Carter recently opposed the recent mining ban decision of New York, saying that it’s not okay for governments to decide on what the appropriate usage of electricity is.
Carter tweeted that N.Y.’s ban on crypto mining directly controls what constitutes proper use of power. He implied that this is an abuse of power and said:
Will red states respond and ban computation taking place in their borders used for pornography, Netflix, and Disney? Is a world where the state itself decrees what is an acceptable use of electricity or not one you really want to live in?
- nic carter (@nic__carter) יוני קסנומקס, קסנומקס
U.S. Senate candidate Bruce Fenton also tweeted to object to N.Y.’s decision and said no government has the right to tell people which software to run.
קיין רעגירונג האט די רעכט צו זאָגן איר וואָס ווייכווארג צו לויפן.
קאָד איז רייד. https://t.co/mm1Ndd75im
— Bruce Fenton for US Senate ?? (@brucefenton) יוני קסנומקס, קסנומקס
Is it really about the environment?
The New York Senate דורכגעגאנגען the bill due to environmental concerns, arguing that the greenhouse gas emissions released by crypto mining will irreparably harm compliance with the Climate Leadership and Community Protection Act in contravention of state law.
However, opposers don’t believe this ban serves its said environmental purpose.
Buterin quoted Fenton’s tweet to say he favors decreasing gas emissions for the environment’s sake. However, the crypto mining ban doesn’t really serve its purpose.
לעסאָף איך שטימען מיט דעם (דאָס איז, איך אַנטקעגנשטעלנ זיך די פאַרבאָט פּאָוו). די רעגירונג פּיקינג און טשוזינג וואָס ספּעציפיש אַפּלאַקיישאַנז זענען אַן אָוקיי נוצן פון עלעקטרע אָדער נישט איז אַ שלעכט געדאַנק. בעסער צו ינסטרומענט טשאַד פּרייסינג און נוצן עטלעכע פון די רעוואַנוז צו פאַרגיטיקן ניצערס מיט נידעריק האַכנאָסע. https://t.co/NnBzmv5mYz
- vitalik.eth (@VitalikButerin) יוני קסנומקס, קסנומקס
Carter also argued that the environmental concerns are just a front, as the state has made some contradicting decisions. Carter tweeted:
The New York sha-256 ban miight seem a little more credible if they hadn’t closed down Indian Point nuclear plant (10% of state generation) and replaced it with new natural gas plants last year. Climate warriors they are not.
- nic carter (@nic__carter) יוני קסנומקס, קסנומקס
Mining’s impact on the environment
ביטקאָין מיינינג קאַנסומז nearly 110 terawatt-hours of energy annually, which impacts the environment. Many prominent figures have protested the negative consequences.
Buterin, for example, decided to switch Ethereum from energy-consuming פּאָוו צו סאַסטיינאַבאַל POS. On the other hand, Elon Musk advocated for using sustainable energy sources like זונ - מאַכט פֿאַר ביטקאָין מיינינג.
The Bitcoin mining industry’s sustainable energy usage געוואקסן approximately 59% last year and reached around 58.4% in the first quarter of 2022.
As of January 2022, the U.S. קאַנסטאַטוץ 37.84% of the average monthly hashrate in Bitcoin mining. New York produces 9.77% of that number every month. Moreover, New York’s mining activity is mostly sustainable, לויט to Carter.
Source: https://cryptoslate.com/objectors-to-new-yorks-mining-ban-say-governments-cant-dictate-valid-use-of-energy/