3 ms·
The dose makes the poison.
by goialoq 9y ago
The dose makes the poison.
- ComputerGuru 9y agoExcept Bitcoin is inefficient by design (it’s what proof of work is) and the dosage is the market cap and transaction load. So what you’re really saying is bitcoin at the scale it was meant to operate at is poison.
- drdrey 9y agoNo, the dosage is the hash rate (if more hash rate joins, the difficulty is automatically adjusted to keep it at 1 blocks / 10 min). The transaction output is constant, and market cap is irrelevant to the energy inefficiency discussion.