this post was submitted on 09 Feb 2024
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Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption (www.tomshardware.com)
submitted 1 year ago by misk@sopuli.xyz to c/technology@lemmy.world
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[–] bigMouthCommie@kolektiva.social 1 points 1 year ago (1 children)

>At scale

what does that mean?

[–] eager_eagle@lemmy.world 1 points 1 year ago* (last edited 1 year ago) (1 children)

meaning PoW is not such a problem when applied to create consensus in local or niche blockchains as the difficulty (and energy consumption) is orders of magnitude lower. For widely used coins it's a terrible choice.

[–] bigMouthCommie@kolektiva.social 0 points 1 year ago

PoW isn't a problem at all.