NYC is getting its own city coin in line with the incoming mayor's crypto hub vision

[Slammer]

5. coin

Can't claim I'm an expert on the energy usage of computers but as I understand it, mining coins can be done as a background program on a computer that you're using for something else. At least that was how it worked back when I tried (unprofitably and briefly) mining some bitcoin years ago.

Now if you're keeping your computer open to mine coins while you aren't using the computer for anything else, you're running up energy costs significantly.

But if you're just mining while you happen to have your computer open, it shouldn't take much power at all. I don't recall my computer ever having its fan come on because the processor was working hard or anything while I was mining but it comes on regularly when I'm playing a game with intense graphics.

In any case, a city has to get its revenue from someplace. And whatever activity is generating that revenue is likely to be using energy, using water, using roads, and doing a lot of other things which aren't energy neutral or carbon neutral.

I don't see the point in singling out mining coins as a horrible or unethical way to generate revenue.

After all, cities get revenue from things like Uber and Grubhub which would rack up spectacularly bad numbers if anyone bothered to add them up.

And in any case, people in NYC who are inclined to mine for coins are probably going to mine something regardless of whether the city offers its own coin....