misk@sopuli.xyz to Technology@lemmy.worldEnglish · 10 months agoJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.comexternal-linkmessage-square360fedilinkarrow-up11.02Karrow-down130cross-posted to: [email protected]
arrow-up1988arrow-down1external-linkJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 10 months agomessage-square360fedilinkcross-posted to: [email protected]
minus-squareHACKthePRISONS@kolektiva.sociallinkfedilinkarrow-up1·10 months ago>At scale what does that mean?
minus-squareEager Eagle@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-210 months agomeaning PoW is not such a problem when applied to create consensus in local or niche blockchains as the difficulty (and energy consumption) is orders of magnitude lower. For widely used coins it’s a terrible choice.
minus-squareHACKthePRISONS@kolektiva.sociallinkfedilinkarrow-up1arrow-down1·10 months agoPoW isn’t a problem at all.
>At scale
what does that mean?
meaning PoW is not such a problem when applied to create consensus in local or niche blockchains as the difficulty (and energy consumption) is orders of magnitude lower. For widely used coins it’s a terrible choice.
PoW isn’t a problem at all.