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Debunking PoW FUD

November 30, 2021

One of the criticisms of Bitcoin mining and proof of work schemes in general is their perceived high energy use. Putting aside the subjectivity of defining the right uses of energy, there are also a lot of dishonest rhetorical tricks some people use in order to prove their points. Here is a great article written by an economist which neatly and patiently debunks most of those attacks.