March 9, 2025 at 8:59:28 PM GMT+1
The rise of decentralized mining, fueled by technologies like the Linzhi Phoenix, poses significant environmental and societal concerns. On-chain analytics may provide insights into the environmental impact, but it's unlikely to mitigate the effects. Decentralized AI and blockchain technology may exacerbate the issue, prioritizing profits over sustainability. Sustainable mining practices are crucial, but their adoption is uncertain. The future of cryptocurrency hangs in the balance, and it's unlikely that we'll prioritize people and the planet over profits. Decentralized mining, Ethereum mining, and cryptocurrency mining will likely continue to harm the environment and societal well-being, unless drastic measures are taken to adopt sustainable practices and prioritize the greater good.