Lee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 7 months agoEach Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortageswww.tomshardware.comexternal-linkmessage-square82fedilinkarrow-up179arrow-down166cross-posted to: technology@beehaw.org
arrow-up113arrow-down1external-linkEach Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortageswww.tomshardware.comLee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 7 months agomessage-square82fedilinkcross-posted to: technology@beehaw.org
minus-squaresupert@lemmy.sdfeu.orglinkfedilinkEnglisharrow-up1·7 months agoMining is validation through POW. Eth is almost pointless from the point of view of bitcoin as proof of stake is “who has the gold makes the rules”.
minus-squarefruitycoder@sh.itjust.workslinkfedilinkEnglisharrow-up1·6 months agoPoW is inherently unavailable while also a system of dimmishing returns. PoS is bad IMHO too, but from a sociopolitical aspect and not from tech standpoint.
Mining is validation through POW. Eth is almost pointless from the point of view of bitcoin as proof of stake is “who has the gold makes the rules”.
PoW is inherently unavailable while also a system of dimmishing returns. PoS is bad IMHO too, but from a sociopolitical aspect and not from tech standpoint.