4 ms·
Those are very different things. My dishwasher is rated based on specific cycles, but I'm legally allowed to use it as frivolously as I want. I can run an A+++
by IanCal 5y ago
Those are very different things.
My dishwasher is rated based on specific cycles, but I'm legally allowed to use it as frivolously as I want. I can run an A+++ rated dryer with a single sock in and send the photo to the police.
We don't limit energy use but inefficiencies. The equivalent in crypto would be to rate hardware by hashes per joule.
Crypto things are different because the incentives are different. I'm incentivised to use my appliances efficiently as the energy cost is just a cost.
On the other hand with PoW, I'm incentivised to mine efficiently but as much as possible because I can buy a thing that turns electricity into cash.
- philistine 5y agoWe are looking down the barrel of a gun. The gun is cryptomining's thirst for electricity destroying all our gains to diminish climate change. Your arguments may be right, but you are on the wrong side of our survival as a civilization.
- IanCal 5y agoThe point here is that existing legislation does not cover this and trying to apply it would fail, you would need something new if you want it to work.