4 ms·
Also worth noting though that "extra" energy per-tx increases the security of that tx. You aren't just paying for the system to function, you're paying for the
by rodiger 6y ago
Also worth noting though that "extra" energy per-tx increases the security of that tx. You aren't just paying for the system to function, you're paying for the system to be resistant to bad actors.
- PragmaticPulp 6y agoOnly so far as the majority of the miners are not coordinated. With the current concentration of mining capacity in China, that's not exactly a sure thing any more.
- shawnz 6y agoThe point is that the energy they are spending on mining disincentivizes them from doing anything except using it to earn Bitcoins legitimately. If they waste that energy attacking the network instead, it would be less profitable.