1/ Here’s why I think Ethereum & Proof-of-Stake are bad ideas.
-
-
"Finding a hash with a set of leading zeroes." itself is no beneficial work. Wasting energy for this useless problem of course has the side benefit of securing the blockchain. What that might be but I think a real work needed to justify consumed energy.
-
A lot of the mining energy is lost in the form of heat, which is actually quite useful. A mining rig could be made dual purpose, i.e. space/water heater + blockchain mining. At a minimum the heat benefits could be used to offset the energy cost.
- 1 more reply
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

without it, we wouldn’t have uncersorable money.