Re:Hacker releases PII on Las Vegas-area students after offi...
by arcticbull on Sunday October 04, 2020 @09:09PM
(#24683653)
The solution is to stop gas flaring -- that carbon is still getting emitted into the atmosphere, that solves nothing. If it gets turned into power it could be used for something productive, at least.
> The energy use doesn’t scale linearly to transaction activity and is not a prerequisite to the function of a proof of work network
That's just a nice way of saying the bitcoin network cannot scale, intentionally so. Scaling is antithetical to proof-of-waste. At some point you run out of resources to waste.
Re:Hacker releases PII on Las Vegas-area students after offi...
by vmception on Monday October 05, 2020 @03:49AM
(#24685503)
Can you elaborate on the carbon hitting the atmosphere part?
It is being converted to power for the onsite computers instead of being flared away. How is that not better than the immediate flaring
https://www.bloomberg.com/news/articles/2019-12-06/why-bitco...
In case you can’t access bloomberg here it is over amp
https://www.google.com/amp/s/www.bloomberg.com/amp/news/arti...
One of your other points that I choose to respond to: The energy use doesn’t scale linearly to transaction activity and is not a prerequisite to the function of a proof of work network
I think there is enough information here to alter your lecture so I’ll wait and see. The rebuttal that I predict will be based on the size is the mining operation in the article, so just assume there are bigger ones doing the same thing.