Re:The Cryptocurrency Industry Is 'On the Brink of an Implos...
by root_axis on Monday October 15, 2018 @02:24PM
(#18222234)
> minuscule amount of power x huge amount of users x lots of time played rotating small...
... Equals huge amount of entertainment hours. What you don't seem to be grasping is that the power consumption only increases the minimum amount necessary to meet demand for entertainment hours, i.e. the more power consumed the more entertainment hours produced. With PoW, power consumption continually increases but the amount of transactions processed remains the same. PoW is clearly and inarguably inefficient by comparison.
... Equals huge amount of entertainment hours. What you don't seem to be grasping is that the power consumption only increases the minimum amount necessary to meet demand for entertainment hours, i.e. the more power consumed the more entertainment hours produced. With PoW, power consumption continually increases but the amount of transactions processed remains the same. PoW is clearly and inarguably inefficient by comparison.