Lee Duna to Technology@lemmy.worldEnglish • 2 years agoEach Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortageswww.tomshardware.comexternal-linkmessage-square12arrow-up13
arrow-up13external-linkEach Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortageswww.tomshardware.comLee Duna to Technology@lemmy.worldEnglish • 2 years agomessage-square12
minus-squaresupertlinkfedilinkEnglish1•2 years 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-square@fruitycoder@sh.itjust.workslinkfedilinkEnglish1•2 years 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.