Note that total cost of mining X blocks must include some of the hash ops that were thrown away-from the miners that failed to mine those blocks. But that energy is not wasteful either. It contributes towards ledger security by preventing double-spending / mining centralization.https://twitter.com/hugohanoi/status/951763889095548928 …
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In that sense, these thrown-away hash ops are necessary and not an inefficiency you can exploit.
9:53 PM - 13 Jan 2018
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