News for hackers. Stuff that matters.
Re:Proof of stake is incapable of producing a consensus by dan-robertson on Sunday November 28, 2021 @08:48AM (#29368871)
Right. The point is that you get renewable energy which is desirable rather than non-renewable energy. If the latter were cheaper the situation would be less appealing.
Re:Proof of stake is incapable of producing a consensus by righttoolforjob on Sunday November 28, 2021 @09:18AM (#29369054)
If it was cheaper there would be no need for bitcoin as a driver (and then also to completely waste it, in the broken window fallacy sense).
Re:Proof of stake is incapable of producing a consensus by dan-robertson on Sunday November 28, 2021 @09:30AM (#29369158)
I feel like we’re talking past each other. I’m not saying we should want bitcoin wasting a bunch of power. I’m saying there could be positive outcomes to that power suddenly becoming available.