Bitcoin and other PoW coins are an ESG nightmare

Re:Bitcoin and other PoW coins are an ESG nightmare by Nursie on Monday February 15, 2021 @12:56PM (#26145174)

I was more thinking of the waste involved in manufacturing. If there's suddenly a much more direct profit motive to buying drives it's going to push more manufacturing, which is not the same as ongoing burning of energy for PoW, sure, but it's not going to be without side effects.

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Re:Bitcoin and other PoW coins are an ESG nightmare by novok on Monday February 15, 2021 @04:05PM (#26147389)

overall it would be significantly less, that is the point

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Re:Bitcoin and other PoW coins are an ESG nightmare by Nursie on Monday February 15, 2021 @04:26PM (#26147669)

I'm not convinced it would.

Just like PoW it makes sense to spend enough until a breakeven point. In thise case there is a direct incentive to buy as much storage as possible.

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