Using electricity isn't the problem. Anyone could use vast amounts of electricity as long as they are willing to pay the price for it. The problem is carbon emissions.
The switch to PoS is a non-issue from my perspective: a centralized system changed from using method A to method B, I don't understand why I should care.
Bitcoin mining is increasingly being used to prevent methane emissions in stranded gas reserves. Having an economic incentive to not flare or emit methane but instead using it for generating bitcoin allows Bitcoin mining to become net carbon negative.
Reducing methane emissions is vastly more effective at preventing climate change than reducing co2 emissions.
The switch to PoS is a non-issue from my perspective: a centralized system changed from using method A to method B, I don't understand why I should care.
Bitcoin mining is increasingly being used to prevent methane emissions in stranded gas reserves. Having an economic incentive to not flare or emit methane but instead using it for generating bitcoin allows Bitcoin mining to become net carbon negative.
Reducing methane emissions is vastly more effective at preventing climate change than reducing co2 emissions.