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The energy consumption of proof-of-working mining is entirely unrelated to the transaction volume. 10x'ing the transaction volume of the network would not requi
by nadaviv 9y ago
The energy consumption of proof-of-working mining is entirely unrelated to the transaction volume. 10x'ing the transaction volume of the network would not require 10x more energy for mining.
- GenericsMotors 9y agoSo it is an extremely wasteful system.
- nannal 9y agoKind of a requirement for decentralised consensus.