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A comment on Bitcoin study: Period of exclusivity encourages early adopters. Parent comment

Re:Bitcoin study: Period of exclusivity encourages early ado... by nadaviv on Friday July 14, 2017 @01:21AM (#14767695)
The energy consumption of proof-of-working mining is entirely unrelated to the transaction volume. 10x'ing the transaction volume of the network would not require 10x more energy for mining.
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Re:Bitcoin study: Period of exclusivity encourages early ado... by GenericsMotors on Friday July 14, 2017 @04:56AM (#14768494)
So it is an extremely wasteful system.
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Re:Bitcoin study: Period of exclusivity encourages early ado... by nannal on Friday July 14, 2017 @06:35AM (#14768781)
Kind of a requirement for decentralised consensus.
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