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Bitcoin Does Not Waste Energy: https://unchained-capital.com/blog/bitcoin-does-not-waste-energy/ https://unchained-capital.com/blog/bitcoin-does-not-waste-en...
by alwillis 5y ago
Bitcoin Does Not Waste Energy: https://unchained-capital.com/blog/bitcoin-does-not-waste-energy/ https://unchained-capital.com/blog/bitcoin-does-not-waste-en...
- okareaman 5y ago> Based on national averages in the U.S., the bitcoin network consumes as much power as approximately 6 million homes. Yeah, it is definitely a lot of power, but it is also what secures and backs the bitcoin network. > Bitcoin Does Not Waste Energy Please come up with an algorithm for Bitcoin that does not use so much energy because if one exists, then Bitcoin wastes energy. I am certain that Bitcoin is not the crypto that will win in the long term if it sticks to PoW, so I probably don't need to waste my energy opposing it.