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42 sats \ 21 replies \ @nemo 21 Aug 2023 \ parent \ on: Which sub should I choose? meta

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0 sats \ 20 replies \ @momboteq OP 21 Aug 2023

Of course, I am talking about PoW such as in Bitcoin. There are cryptocurrencies that have a lighter and less energy-intensive PoW.

42 sats \ 19 replies \ @nemo 21 Aug 2023

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0 sats \ 18 replies \ @momboteq OP 21 Aug 2023

Okay, I also understand your opinion. I, however, prefer something less energy-intensive because currently most of the world's energy is from burning coal, which is not environmentally friendly. Currently our planet is already destroyed by the development of technology. Just so you know, I'm not some eco freak or something😅.

70 sats \ 16 replies \ @ek 21 Aug 2023

last time I checked, bitcoin used 0.5% of total global energy output and 60% of it comes from renewable sources, a lot higher than other industries. imo, bitcoin's PoW is the least of our problems if not even part of the solution

0 sats \ 15 replies \ @momboteq OP 21 Aug 2023

The source of energy depends on the people who mine Bitcoin. Of course, this does not change the fact that there are other cryptos that use PoW and consume much less energy.

42 sats \ 11 replies \ @ek 21 Aug 2023

Of course, this does not change the fact that there are other cryptos that use PoW and consume much less energy.

and are thus vastly less secure and most probably need to use ASIC-resistant algorithms like Monero which is the real waste of energy since ASICs are a lot more energy-efficient.