4 ms·
There are significant political and economic tradeoffs between POW and POS... I highly recommend this article for an analysis of these. https://www.lynalden.co
by oraphalous 5y ago
There are significant political and economic tradeoffs between POW and POS... I highly recommend this article for an analysis of these.
https://www.lynalden.com/proof-of-stake/ https://www.lynalden.com/proof-of-stake/
I suggest this analysis because folks tend to state their preference for POS while only mentioning the energy costs as the only factor in their calculation. I do think it worth considering these other tradeoffs as well.
- doom2 5y agoBesides the energy costs, what's the answer to PoW miners' effects on the GPU market? Especially as the supply chain is already strained by COVID-related increases in consumer demand. While I'm still concerned by mining energy costs, the optimal equipment needed should be separate from consumer-grade, e.g., how datacenters won't be hoarding Core i9 processors or RTX 3080s.