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A comment on Proof of work is temporarily illegal in New York. Parent comment

Re:Proof of work is temporarily illegal in New York by Mistletoe on Thursday November 24, 2022 @10:57AM (#33732765)
The market is solving the problem for humanity. Ethereum transitioned to proof of stake (99.988% less electricity usage) and the price has now outperformed Bitcoin in the bull market and the bear market.
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Re:Proof of work is temporarily illegal in New York by danuker on Thursday November 24, 2022 @11:12AM (#33732970)
Hope it's not susceptible to some yet-undiscovered Sybil attack or network split bug.
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Re:Proof of work is temporarily illegal in New York by taolegal on Thursday November 24, 2022 @10:46PM (#33738967)
> The market is solving the problem for humanity

The market still considers a bitcoin to be worth 10x more than ethereum.

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Re:Proof of work is temporarily illegal in New York by Mistletoe on Saturday November 26, 2022 @11:30AM (#33754046)
A better comparison would be market cap and Bitcoin is only about 2x Ethereum right now. If that ever gets closer or flips, I feel like it’s pretty much over for Bitcoin and its first mover advantage and store of money meme.
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