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Get your vote in now!!
(lemmy.world)
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this post was submitted on 02 Jun 2024
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Microblog Memes
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Calling hashing "mining" was probably the most stupid thing in bitcoin. Since it have nothing to do with minting new coins. It is tru that miners get a bonus in addition to the fees of the block when successful. But that bonus is reduced regularly and will eventually go away.
The power consumption used by hashing became quickly insane by companies chaseing a quick buck.