Cryptocurrencies crashed across the board today—an event already being dubbed “Rug Wednesday”—after erstwhile Bitcoin champion Elon Musk declared that Tesla would no longer be taking payments in the cryptocurrency for its era-defining electric motors.
Musk cited concerns over the energy expenditure of mining Bitcoin—immediately shaving around $5,000 off Bitcoin’s price—but he held out a carrot to altcoin fans (anyone who’s not a Bitcoiner). “We are also looking at other cryptocurrencies that use [less than] 1% of Bitcoin’s energy/transaction,” he said.
Energy usage trend over past few months is insane https://t.co/E6o9s87trw pic.twitter.com/bmv9wotwKe
— Elon Musk (@elonmusk) May 13, 2021
Many hope that, once the bloodbath is over, the tweet may spur a shift towards more environmentally friendly cryptocurrencies—those which use the less energy-intensive proof-of stake or other greener methods of achieving consensus (which is what blockchains need in ord
Źródło: https://decrypt.co/70802/teslas-bitcoin-bombshell-puts-spotlight-on-sustainable-cryptos
