3 ms·
Proof of work cannot be made to consume less power. Every single increase in hash rate efficiency just results in the same kWh being used to make more hashes fo
by village-idiot 8y ago
Proof of work cannot be made to consume less power. Every single increase in hash rate efficiency just results in the same kWh being used to make more hashes followed by an increase in block difficulty. This is literally a security feature of the network, since it’s designed to prevent 51% attacks.
It might be technically possible to change the bitcoin protocol, but at this point the politics are insurmountable.