Time Traveler From 2025 Warns Of Environmental Collapse Triggered By Crypto Mining

Posted on Sun 16 April 2023 in News

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June 15, San Francisco - An anonymous time traveler from the year 2025 issued a dire warning about the environmental impact of cryptocurrency mining in a letter addressed to technology CEOs and distributed on social media today.

The time traveler claims that advances in blockchain, crypto tokens, and computing power in the coming decades will lead to an unprecedented energy demand for crypto mining operations. "If we don't take bold action now, the massive server farms and specialized crypto mining hardware of the 2030s will make climate change an irreversible catastrophe," wrote the time traveler.

Crypto mining already consumes huge amounts of electricity to power complex calculations that verify blockchain transactions and discover new tokens. The time traveler warns that without changes to crypto design and monetary policy, mining energy usage could increase by a factor of 100 times or more over the next decade and a half.

"Raising awareness of environmental cost is not enough. We need a coordinated effort across tech companies, researchers, and policymakers to develop crypto systems that are far more sustainable and eco-friendly from the ground up," stated the letter. Options could include shifting from proof-of-work mining to proof-of-stake, mandating renewable energy usage, or transitioning to more efficient virtual tokens.

Silicon Valley and crypto communities have been slow to seriously address this looming threat, according to the anonymous accuser. "By the 2030s, the damage will be irreversible if we fail to act today. The future of life on Earth is at stake. This is the most urgent problem crypto and tech must solve if we want a livable planet for future generations."

The warnings have stunned leaders in cryptocurrency and technology who had not previously considered environmental collapse a real possibility or priority concern. However, many researchers agree we have reached a crucial juncture requiring a concerted global push for sustainable next-generation technologies to avoid catastrophic consequences. The time may be running out on cryptocurrency as we know it. The fate of the world could depend on how this crisis is met.