Wow, a lot of people are upset about this. Curious what HN thinks of the argument that Layer 2 scaling + POS will solve / mitigate the environmental problems with ETH at the moment.
As regards PoW vs PoS: this is a huge argument - both for and against.
PoW can act like an electricity buyer of last resort, soaking up excess waste and enabling green business models for power provision to be viable.
Potato: Potato