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> Proof-of-work incentivizes cheap & renewable energy investment. Energy will become cheap even for malicious actors, so bitcoin hash difficulty will have to g
by mathnmusic 6y ago
> Proof-of-work incentivizes cheap & renewable energy investment.
Energy will become cheap even for malicious actors, so bitcoin hash difficulty will have to go up in order to keep it costly for them to fake transactions. Which means energy usage goes up too. There's no way to avoid "work" in a proof-of-work scheme.