Re:Bitcoin consumed 134 TWh in total during 2021
by bidirectional on Sunday January 02, 2022 @12:53PM
(#29771335)
This is what I find strangest. At least coins like Ethereum and Solana have entire ecosystems of complex projects being built up around them (no matter how skeptical one may be of those projects), Bitcoin seems like an incredibly spartan ecosystem with basically one use, and the sole advantage of being first.
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Re:Bitcoin consumed 134 TWh in total during 2021
by nadahalli on Sunday January 02, 2022 @02:54PM
(#29773008)
That's the entire point. Bitcoin has just one use case, and it's very inefficient design is tailor-made for that one use case.
Alt-coins have use cases that can all be solved by AWS. The inefficient design is er....inefficient for those applications.