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If the cost of operation is minimized and transferred to at the time of purchase, it will just make people buy MORE hardware, not less. Instead of realizing tha
by iamleppert 7y ago
If the cost of operation is minimized and transferred to at the time of purchase, it will just make people buy MORE hardware, not less. Instead of realizing that money in operations, it will be shifted to purchase of increasingly more amounts of hardware as the primary mode of competition.
Building the hardware could maybe be optimized, but is unlikely to be energy efficient or environmentally friendly. At least with energy you can optimize the point source of pollution at the source, and as such use sources of energy that are renewable or environmentally friendly.
This scheme seems to be robbing Peter to pay Paul.
- mzdubrov 7y agoYes, more HW would be purchased. There's much less embodied energy in $1 of chip (especially cutting edge HW where you are covering R&D) than in $1 of energy. Also once hardware (access to capital much better distributed than access to huge quantities of discounted power) is purchased it's portable and condensed. Much better for decentralization.
- snagglegaggle 7y agoThis can't be fought at every level but there are PoW schemes that focus on memory capacity, or bandwidth, etc, that are harder to optimize. It turns to problem from "tile these small functional units across silicon" into "create another high performance desktop computer."