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Re:Bitcoin and other PoW coins are an ESG nightmare by yvdriess on Monday February 15, 2021 @01:18PM (#26145410)
I was looking into their whitepaper trying to find a counter argument to this. My conclusion is basically this:

The probability of being awarded a transaction is proportional to your reserved space 'plot' compared to the globally reserved space. Assuming it takes off, and enough 'overprovisioned' storage has been added to the pool, then it makes little sense to buy hardware just to farm storage-coins. The tiny increase in probability just wouldn't pay off.

Re:Bitcoin and other PoW coins are an ESG nightmare by Nursie on Monday February 15, 2021 @04:27PM (#26147679)
This is the same proposition with PoW and hashes though, surely?