Can we get this thread back on subject please folks? Perhaps take the Nuclear stuff to another thread/forum.
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Can we get this thread back on subject please folks? Perhaps take the Nuclear stuff to another thread/forum.
Power grids should shut down known bitcoin mining servers. Should resolve this 'energy crisis'.
....Easy to point the finger at energy consumer on the 'fringe. While we are at it we can turn off video streaming services (30 mins 'flix equivalent to driving 6.4km, according to the Shift Project though that is under dispute, of course), and Google search engine....:) To be fair ASIC mining is pretty energy intense by comparison
Bitcoin mining has no practical use and is being used to launder money.
Its a disgrace to humanity.
Let me try. So with COVID-19 getting out of control and the implications that has for the financial performance of our country, I steeled myself for a solid drop in the value of my portfolio, all the time remembering what happened last year. Had another cup of coffee and checked just after lunch. Guess what...up by 5ishK.
Makes no sense at all to me.
You need something to do in lockdown... buy shares and property.
The all Ords is up about 4%; DAX is up about 10%; DJ is up about 18% since immediately prior to Covid. NZX50 (a gross index including gross dividends) is up 11%. Arguably the Aussies, Germans and Americans have had a tougher time (so far) from Covid too.
The FTSE100 is down about 5% but the Brits have had a hard Brexit to contend with too.