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I hate proof-of-work cryptocurrencies because they're literally killing the great barrier reef to run an extremely slow database. https://www.nature.com/articl
by ForHackernews 8y ago
I hate proof-of-work cryptocurrencies because they're literally killing the great barrier reef to run an extremely slow database.
https://www.nature.com/articles/s41558-018-0321-8 https://www.nature.com/articles/s41558-018-0321-8
https://www.npr.org/sections/thetwo-way/2018/04/18/602995137/climate-change-is-killing-coral-on-the-great-barrier-reef https://www.npr.org/sections/thetwo-way/2018/04/18/602995137...
As far as I'm concerned, the vitriol is more than justified. If I had my way, PoW cryptocurrencies would be illegal.
- berberous 8y agoThat nature article is not great. It just assumes a straight line growth of energy usage. But proof of work, interestingly, could incentivize green energy development —- unlike other forms of energy production which generally need to be near the site of consumption, you could have a solar farm in the middle of nowhere and still mine bitcoin.
- spookthesunset 8y agoGive me a fucking break, man. The “green energy” argument is a pack of crap. All that “green energy” could be going to something actually useful (say, aluminum production) instead of being literally pissed away on a “currency” that can only pull off 4 transactions a second. Just admit bitcoin and all other crypto’s waste energy by design. You can’t argue any other way and have people take you serious.
- Temasik 8y agoTry baking with tezos liquid democracy