News for hackers. Stuff that matters.
Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by haimez on Thursday February 18, 2021 @07:33PM (#26187884)
So, PoW then.
Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by Dylan16807 on Thursday February 18, 2021 @08:10PM (#26188195)
They secure the network by showing up and participating with minimal calculation. I don't think that falls under proof of work. Even if it does, it's not the terminology that matters. What matters is that there is no reward for burning cycles.
Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by jki275 on Thursday February 18, 2021 @08:28PM (#26188336)
It’s not POW. No need for massive amounts of processing power. Read IOHK’s Ouroboros paper or Breitman’s Tezos paper.