- Linus Torvalds, creator of Linux, does not believe in cryptocurrencies, calling them a vehicle for scams and a Ponzi scheme.
- Torvalds was once rumored to be Bitcoin creator Satoshi Nakamoto, but he clarified it was a joke and denied owning a Bitcoin fortune.
- Torvalds also dismissed the idea of technological singularity as a bedtime story for children, saying continuous exponential growth does not make sense.
In this case the heat is something data centers spend even more energy and water on to dispose of
Which is why Monero’s proof of work algorithm ends up being better than Bitcoin. Because for a data center with tons of computers, it makes more financial sense to do something else with the machines rather than mine. But for a home user, it makes tons of sense to mine and get the heat to subsidize their electricity bill during the winter.