i should be smarter than to argue with bitcoin maximalists about the energy intensity of bitcoin, but seriously, technologists, the industry has a problem with energy usage *even at this scale*. if it 'actually' scaled to replace everything it would be catastrophic.
the miners are the ones who are awarded the fees. they're also the ones spending the energy. i get that *currently* the miners are awarded primarily in block rewards but after the 21,000,000 are mined up, the fees must entirely finance the energy expenditure...
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yes. the energy usage changes in relation to the economic viability of the activity. if it's not profitable to mine for the value of transaction fees, unprofitable miners will shut down until only the profitable mining operations are left.
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there's definitely a scenario where the total energy consumption of the network decreases, even as total users and transactions increases. that's because energy usage and usage are decoupled.
End of conversation
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