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That nature article is not great. It just assumes a straight line growth of energy usage. But proof of work, interestingly, could incentivize green energy devel
by berberous 8y ago
That 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.