Re:Cambridge Bitcoin Electricity Consumption Index
by thebean11 on Wednesday February 10, 2021 @12:27PM
(#26092101)
The parts of PS4 and Bitcoin that are expensive are different. It makes zero sense to compare the expensive part of Bitcoin to the cheap part of PS4
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Re:Cambridge Bitcoin Electricity Consumption Index
by foepys on Wednesday February 10, 2021 @01:09PM
(#26092699)
Do you think the bitcoin mining rigs materialize themselves out of thin air? Those things get constantly replaced because they get inefficient due to the rising hashrate and advancements in chip efficiency.
Re:Cambridge Bitcoin Electricity Consumption Index
by thebean11 on Wednesday February 10, 2021 @02:30PM
(#26093584)
The ratio of energy spent running to energy spent producing is orders of magnitude higher for bitcoin rigs than for PS4s.
I disagree the comparison is useful.
Re:Cambridge Bitcoin Electricity Consumption Index
by africanboy on Wednesday February 10, 2021 @04:45PM
(#26095238)
that's simply because a PS4 is orders of magnitude more energy efficient than BC and was designed to be like that
BC on the other hand are very expensive in terms of energy consumed, by design
BTC don't make any sense energy wise and in the end don't make any sense to invest in something designed to burn energy in the long run, especially now that we are trying to fix the mistakes of the past