And so the reason why miners will also sell their coins for the higher price regardless of whether they use green energy or coal, the price will still go up making the cryptocurrencies also go up. If the miners get these coins for almost no cost, like the ones we are just staking, stakers will also be selling them for less price.

BTC will always be the preferred coin this is why even if they find a way to ban or not accept BTC coming from Chinese miners, nothing is going to change.
1 BTC will always be 1BTC.

Cool, so I'm like the dozenth name on the list of people you've said are alts of Lauda.  What's it like having zero imagination and responding to every single person in the same way?

Some of us have enough spinal fortitude to stand by their one and only account and not attempt to mask their past mistakes.  It's called personal growth.  You should give it a try some time.



Yes, that 1.025% of the world's nations claiming that they've banned it while in practice still contributing to the hashrate sure is a concern.  What ever will we do?   

You make fake guesses pretending you know who I am,
why should I not do the same to you Lauda.  

You know since you think everyone claiming anything about bitcoin PoW is a problem is the same person,
when are you going to start calling me Elon.  

I imagine you will keep claiming PoW is not a problem , until a Non-PoW coin takes the #1 spot away from bitcoin.
After that a swift fix for the PoW energy failure will begin to save bitcoin and the planet, but that #1 spot will never be regained.

Do you also think I am the person that did all of the following reporting.
https://www.treehugger.com/ban-bitcoin-5094352

https://www.cnbc.com/2021/02/05/bitcoin-btc-surge-renews-worries-about-its-massive-carbon-footprint.html

https://www.theguardian.com/technology/2021/feb/27/bitcoin-mining-electricity-use-environmental-impact

https://fortune.com/2021/05/25/bitcoin-mining-china-pledge-btc-environment-crack-down/

https://www.greentechmedia.com/articles/read/can-we-prevent-a-global-energy-crisis-from-bitcoin-mining

https://www.bbc.com/news/science-environment-56215787

https://www.zerohedge.com/crypto/85-mining-farms-unlicensed-iran-bans-crypto-mining-blackouts-grow-summer

I be one busy person, if I was able to do all that.

---

1. You need to post more cat pics
2. Ignore reality like Doomad/Lauda does.  
3. Always post to help Wind_Fury aka T-Man, the 12 year old against anyone pointing out problems in BTC.

And your Secret will be Out.
 

Thanks OP for this post. You made references to this publication. Sometimes I like to cite posts so that other members can also document themselves.

What I think of Vitalik is good news for the current debate that we are concerned about the negative effect on the environment of the use of cryptocurrencies. Vitalik, please give it a try, don't be just advertisements. Bitcoin and cryptocurrencies are here to stay for which we must use it responsibly.

Yes, I thought it might be a limitation like that and that's why I can't post images.
..............

About the ADA profitability calculator, it seems there are a few online. And if I did the calculations right, the profits are far far less. About 5% per year.
I knew there had to be a catch. And it seems that's the catch. The reason why not all miners migrate en masse to PoS coins mining.

On the other hand of course it's far easier to "mine" ADA, you just have to tick a box, and that's it. You are mining or minting. But if you are a person or a company who wants to make a profit, you will mine other types of coins. I'm not sure what are all of the implications of this, but there are some implications.

And so with ADA it's seems no economic laws are violated. No investing 5 dollars and getting 100 in returns. Which makes sense.

You are talking now about the appreciation of a coin, and that's not constant. And not about mining/minting/farming.
Even Doge had a huge increase this year. And those big increases are typical of coins when they are in single digit values. And I'm sure there are other examples of coins with periods of much bigger increases than bitcoin.

But here in this topic I was mostly addressing the headlines. The people writing the news which I am under the impression they don't know what they are talking about and they want a POW coin to use much less energy, and comparing a coin with a huge market cap like bitcoin with an unknown coin with a very small market cap and how that coin uses much less energy. Nonsense like these.

Effectiveness and value are two completely different things.
You could mine a coin for 1 dollar and you could sell it for 1.25 USD or 1.07 USD(depends on market supply and demand).25 cents profit out of a 1 dollar coin is a pretty big profit.Imagine mining 100K coins valued at 1 dollar and selling them at a price above 1 dollar.
You are right that it's impossible to create a PoW coin that uses way less energy for mining,but maybe someday,a new concept will be created,that is as secure as PoW and consumes less energy.I'm not a fan of Proof-of-Stake coins.

I did not meant Cardano, but some really small market cap coin, because I use to see charts in the media comparing BTC with some unknown coin which of course used way less energy, hardly even visible on the chart.