2 ms·

How can you have proof of work without consuming large amounts of power?

• tromp 6mo ago
  By having a small daily dollar value (the column "PoW Produced (24h) in [1]). All but the top 15 coins sorted by that column have less than $10k emitted per day in block rewards, which limits the power that miners can spend on competing for it. [1] https://www.f2pool.com/coins https://www.f2pool.com/coins
  • OsrsNeedsf2P 6mo ago
    That would mean all but the top 15 coins are exploitable for under $10k per day
    • tromp 6mo ago
      But the value of a 51% attack is roughly proportional to marketcap, so while they are cheaper to attack, there's less incentive for the attack. The most (relatively) vulnerable coins are those where the daily dollar value is low relative to the market cap.
• tomjen3 6mo ago
  Thats what I am interested in - Etherium does it, and I believe Chia(sp?) does too.