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The fossil fuel issue is solely an issue with Bitcoin's proof of work algorithm. There are alternatives that use virtually no energy compared with proof of wor
by endangered 8y ago
The fossil fuel issue is solely an issue with Bitcoin's proof of work algorithm.
There are alternatives that use virtually no energy compared with proof of work, like proof of stake, which is being implemented on Ethereum.
- beefield 8y agoSolely an issue with bitcoins algorithm? Given that you obviously can technically change the algorithm, but instead bitcoin folks choose to continue the environmental disaster and literally collectively burn millions of dollars into air every single day, to me it indicates that there are some other underlying issues very much there as well. But that may be just me.
- freeone3000 8y agoOkay. But people are still using bitcoin. Why?