Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3...
by leshow on Thursday February 18, 2021 @11:36PM
(#26189802)
AFAIK Ethereum is still proof of work, meaning miners are not doing useful calculations. Miners are not just running smart contracts.
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Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3...
by short on Friday February 19, 2021 @03:58AM
(#26191013)
this is correct, I think solidity doesn't even run on a gpu at all
The energy usage of ethereum comes from the proof-of-work DAG, not the solidity execution. You can easily see this by running a (non mining) ethereum node, any decent CPU will churn through the transactions in blocks in a matter of milliseconds (~200 ms per block), not the 13 seconds it takes to generate that block