Though I do not completely understand the environmental threat of PoW, I find the car analogy interesting. Source
Posted Using LeoFinance Beta
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Though I do not completely understand the environmental threat of PoW, I find the car analogy interesting. Source
Posted Using LeoFinance Beta
Near the start of the era when Bitcoin mining needed to be done by rigs the size of data centers, the usual purveyors of FUD presente stories and news segments about how energy-intensive Bitcoin mining had become.
At the time, this was true.
Since then, they's stuck with that mantra about PoW being hostile to the environment.
While PoW is still energy-intensive and the mining rigs have become larger and even more complex, no one in FUD-Land dares to acknowledge that energy consumption by these PoW systems has either maintained that level or decreased it.
They seem to have forgotten that necessity if the mother of all inventions, and there was a need for Bitcoin and other PoW mining rigs to reduce their energy usage.
Posted Using LeoFinance Beta
Yeah, I forgot exactly the time I read that LeoFinance article arguing that the environmental threat caused by PoW is not as serious as the mainstream wants everyone to believe.
I see what you did there. Double the upvote on the comment for sneaking in a @leoglossary link in.
Keep it up, I want to give more increased votes on comments.
It is always good to discuss mining and Bitcoin.
Posted Using LeoFinance Beta
Thanks! You gave us the idea of how to do it. I see many following your example.
!CTP