3 ms·

Isn't this basically 1 / popularity? I'm presuming other coins have the Bitcoin feature of getting harder as more powerful miners appear.

• h4kor 5y ago
  Basically, yes. There are minor improvements to be made to keep the reward for miners as low as possible. In the end the energy consumption comes down to burning energy proportional to the block reward. https://blog.libove.org/posts/the-cost-of-proof-of-work/ https://blog.libove.org/posts/the-cost-of-proof-of-work/