Proof of Work/Waste is what is dying, the only question is whether the btc cultist let PoW take btc down with it.
On CMK, the top 20 coins, only 2 are PoW
BTC & Doge
And Doge is converting to PoS in the not too far future.
PoW has been dying only the btc delusional refuse to see it.
We do not really know if PoW is dying or not,
Yep, we do. If you understand Politics.
US president asks for report on Crypto.
Report comes back how PoW can damage the Power Grid and harm people by raising their electric bills, and waste limited resource.
Report comes out stating elimination of PoW would be advised.US president waits a few months, sees that the btc community has done nothing to correct the above.
Then the US president signs an executive order banning PoW in the US,
his duty is to protect the American people,
PoW is a threat to the US Power Grids, the US economy, and it's people.
Banning PoW is his only real option since BTC supporters want to pretend that their are no problems, when there are numerous reports of problems.
In the end
BTC supporters have no one to blame but themselves, considering warnings of the dangers of PoW have been around before 2013,
over 10 years and BTC supporters have done nothing to address the energy waste dangers.
FYI:
In China,
Government say the BTC PoW energy waste was a problem, morons in these forums cried fud, for years,
and then China banned BTC PoW mining.
Same thing is happening , but now in the US,
once the US bans it, where do you think it could go and not collapse their grid.
Texas is one of the world larger grids, and they make less than 1% of the world's total.
Europe is already talking of a PoW ban before 2025, and no other grids can take the strain, so you will witness the death of PoW.
Ethereum and Doge Devs see the writings/warnings on the wall, and it all points to the death of PoW,
which is why ethereum just converted to PoS and Doge is now preparing to convert to PoS.
That leave only BTC in the top 20 coins on CMK dumb enough to use PoW.