3 ms·
Pixar and PSN provide actual value to some people, while mining bitcoin is completely superfluous (not saying that bitcoin itself is necessarily useless but tha
by wwtrv 6y ago
Pixar and PSN provide actual value to some people, while mining bitcoin is completely superfluous (not saying that bitcoin itself is necessarily useless but that the same result can be reached without wasting as much energy needlessly)
- mlthoughts2018 6y agoThat is a radical claim to make with no evidence and huge evidence to the contrary.
- wwtrv 6y agoWhich claim? That there might be less wasteful ways to process crypto currency transactions? I’d love to hear the evidence..
- mlthoughts2018 6y agoYou claim Pixar adds value while Bitcoin does not. That’s a mammoth claim in need of extremely amazing evidence to take seriously.
- wwtrv 6y agoNo, I said that the value created by bitcoin is not directly related to how much energy is used. Technically the same outcome could be reached with much less wasted energy.
- mlthoughts2018 6y agoIf you can provide the same proof of work features using less energy, you can demonstrably make a lot of money. Can you show me the evidence of that and the specifics of how to get the same block validation consensus security with less energy consumption?