4 ms·
We've had several generations of more efficient hardware, and it just causes the hash rate to increase while energy usage stays at the energy-cost equilibrium d
by tlb 6y ago
We've had several generations of more efficient hardware, and it just causes the hash rate to increase while energy usage stays at the energy-cost equilibrium described above.
I can't imagine an algorithmic or hardware improvement that would stop a proof of work system scaling with energy input.
- thebean11 6y agoEnergy is still somewhat cheap relative to the value of the hardware, so there's been no incentive to optimize for energy usage. This won't change until there's mass production and the hardware is ubiquitous. You might be right though, but like I said I don't think PoW is necessarily the final state.