True, I did miss the pump on that as well as on a lot of things including stocks, commodities, etc... However, what's different about those investments is that they aren't built on scams, crime, or environmental destruction.
Sure, there are bad companies. I didn't mean to imply that I'm defending them. Take for example pollution. With a lot stronger environmental regulations, we can stop both corporate pollution and crypto pollution, as well.
7 Comments
JiveTurkey@lemmy.world · 6 pts · 1y
This is the only good news I've read in a while.
Sibshops@lemm.ee · 5 pts · 1y
It stopped being profitable for a few years, even... Everyone is mining at a loss.
Sibshops@lemm.ee · 1 pts · 1y
For reference, link to the coinshares source, since the article doesn't include it.
https://blog.coinshares.com/coinshares-q4-2024-mining-report-cf65cbb7610b
array@lemm.ee · -5 pts · 1y
Sibshops@lemm.ee · 7 pts · 1y
True, I did miss the pump on that as well as on a lot of things including stocks, commodities, etc... However, what's different about those investments is that they aren't built on scams, crime, or environmental destruction.
Zexks@lemmy.world · 1 pts · 1y
Lmao. Scams: Tesla Crime: Phillip Morris Environmental destruction: Dexco SA
Yes they are built on scams. They’re just semi approved scams. There are hundreds more examples in each category spanning over a hundred years.
Sibshops@lemm.ee · 1 pts · 1y
Sure, there are bad companies. I didn't mean to imply that I'm defending them. Take for example pollution. With a lot stronger environmental regulations, we can stop both corporate pollution and crypto pollution, as well.
JiveTurkey@lemmy.world · 1 pts · 1y
Mic drop