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if you can outline what isn't blitheringly stupid about proof of work crypto mining, then please do tell, else it would be prey to false balance
by davidgerard 4y ago
if you can outline what isn't blitheringly stupid about proof of work crypto mining, then please do tell, else it would be prey to false balance
- tromp 4y agoPoW allows for fair distribution of coins, esp. with a fixed block reward so as to avoid concentrating wealth on early adopters, and to deter speculation. The only example we have of such an emission runs on less power than what a single windmill provides.
- quickthrower2 4y agoThat is one big windmill.
- tromp 4y agoGrin's graphrate is under 8000 G/s, which takes only 800KW of power, so quite a modest size windmill.