Re:New study quantifies Bitcoin’s ludicrous energy consumption
by lostmsu on Thursday May 17, 2018 @02:57PM
(#17094371)
> which the system tries to maximize
How exactly the system is trying to maximize waste?
In fact, miners did more progress on efficiency in terms of pure hashrate/watt with a million time improvement in past 10 years, than banking industry ever.
It is demand, that is driving the energy usage, not the system on its own. I agree with the person above, that it is basically justified by increasing consumption of the service.
How exactly the system is trying to maximize waste?
In fact, miners did more progress on efficiency in terms of pure hashrate/watt with a million time improvement in past 10 years, than banking industry ever.
It is demand, that is driving the energy usage, not the system on its own. I agree with the person above, that it is basically justified by increasing consumption of the service.