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> Additionally, Germany has 1,430 Bitcoin nodes, representing 9.08% of the total global nodes, putting it in second place in nodes held just behind the United S

> Additionally, Germany has 1,430 Bitcoin nodes, representing 9.08% of the total global nodes, putting it in second place in nodes held just behind the United States and ahead of France, with only 3.35%. This doesn't sound like something Germany should be proud of. Haven't they been shutting down their nuclear plants and relying on/expanding coal usage to keep up with demands (while slowly trying to replace supply with alternatives)? > One study found that the nuclear phase-out caused $12 billion in social costs per year, primarily due to increases in mortality due to exposure to pollution from fossil fuels. [0] And it's reliance on Russia for gas and coal... it seems like Bitcoin mining is something they ought to be discouraging. What's the reasoning behind a move like this? [0] https://en.wikipedia.org/wiki/Energy_in_Germany https://en.wikipedia.org/wiki/Energy_in_Germany

BitwiseFool 4y ago
Bitcoin Nodes are often simple computers. You can run your own node on cheap commodity hardware and they are not particularly resource intensive. The main concern with these machines is drive space. Bitcoin miners are the big energy consumers. Nodes help validate the network but they do not perform the intensive proof of work calculations.
mattwilsonn888 4y ago
- satronaut 4y ago
bubersson 4y ago
You can run a node on your phone... Node is a different thing from a miner.
deleted 4y ago
[deleted]
abxytg 4y ago
One day we'll have the conversation about how the anti-crypto conversation is mostly gross groupthink and at least two or three struggling devrel influencers are now anti-crypto media darlings. If you're going to push an agenda at least make it one that wasn't handed to you shrink wrapped.
- mlyle 4y ago
  ?? If one isn't all-in on cryptocurrency, it only must be because they're influenced by anti-crypto shills? I've been thinking about digital money for 25 years. I have an early proof-of-work patent. I very much think for myself. I really don't like proof-of-work for ledgers: they're resource intensive and wasteful. I don't really like abrogating the power of states and central banks to mint unbacked currency to various coalitions. And this looks like a scary, poorly regulated asset bubble that may pop with rather extreme effects.
  - shaky-carrousel 4y ago
    Defense overspending is wasteful. Plastic wrapping everything is wasteful. Not using public transport is wasteful. People streaming media is wasteful. Proof of work? The entire worldwide bitcoin network uses less power that all the appliances in stand-by mode just in America, and I still have to see someone complaining about how wasteful stand-by mode is. Now, suddenly, the Bitcoin network is wasteful. This is not ecological consciousness. This is Luddism all over again. A bunch of old people scared about the world changing.
    - mirntyfirty 4y ago
      Appliances serve clear purposes for the entire population. I am yet to here of a meaningful Bitcoin purpose, even for the small handful of “investors.”
      - shaky-carrousel 4y ago
        Well, here's a meaningful purpose by yours truly. I live in Spain and in Argentina. I have to regularly send money to Argentina. International transfers to Argentina are really expensive. Also, in Argentina the currency exchange is being manipulated by the government, like what happens in Venezuela. And all transfers have to be at the exchange rate dictated by the government. Except for crypto currencies. They operate in a grey market, not forbidden, not approved. Without bitcoin, I'd have to transfer money at the oficial rate, and I'd have to have another person on the other side filling the endless paperwork they require. With bitcoin (litecoin nowadays, cheaper transactions) it's done in a few hours.

BitwiseFool 4y ago

Bitcoin Nodes are often simple computers. You can run your own node on cheap commodity hardware and they are not particularly resource intensive. The main concern with these machines is drive space. Bitcoin miners are the big energy consumers. Nodes help validate the network but they do not perform the intensive proof of work calculations.

mattwilsonn888 4y ago

satronaut 4y ago

bubersson 4y ago

You can run a node on your phone... Node is a different thing from a miner.

deleted 4y ago

[deleted]

abxytg 4y ago

One day we'll have the conversation about how the anti-crypto conversation is mostly gross groupthink and at least two or three struggling devrel influencers are now anti-crypto media darlings. If you're going to push an agenda at least make it one that wasn't handed to you shrink wrapped.

mlyle 4y ago
?? If one isn't all-in on cryptocurrency, it only must be because they're influenced by anti-crypto shills? I've been thinking about digital money for 25 years. I have an early proof-of-work patent. I very much think for myself. I really don't like proof-of-work for ledgers: they're resource intensive and wasteful. I don't really like abrogating the power of states and central banks to mint unbacked currency to various coalitions. And this looks like a scary, poorly regulated asset bubble that may pop with rather extreme effects.
- shaky-carrousel 4y ago
  Defense overspending is wasteful. Plastic wrapping everything is wasteful. Not using public transport is wasteful. People streaming media is wasteful. Proof of work? The entire worldwide bitcoin network uses less power that all the appliances in stand-by mode just in America, and I still have to see someone complaining about how wasteful stand-by mode is. Now, suddenly, the Bitcoin network is wasteful. This is not ecological consciousness. This is Luddism all over again. A bunch of old people scared about the world changing.
  - mirntyfirty 4y ago
    Appliances serve clear purposes for the entire population. I am yet to here of a meaningful Bitcoin purpose, even for the small handful of “investors.”
    - shaky-carrousel 4y ago
      Well, here's a meaningful purpose by yours truly. I live in Spain and in Argentina. I have to regularly send money to Argentina. International transfers to Argentina are really expensive. Also, in Argentina the currency exchange is being manipulated by the government, like what happens in Venezuela. And all transfers have to be at the exchange rate dictated by the government. Except for crypto currencies. They operate in a grey market, not forbidden, not approved. Without bitcoin, I'd have to transfer money at the oficial rate, and I'd have to have another person on the other side filling the endless paperwork they require. With bitcoin (litecoin nowadays, cheaper transactions) it's done in a few hours.