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re: Official CryptoTalk Thread

Posted on 5/13/21 at 8:18 am to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/13/21 at 8:18 am to
quote:

It isn’t better tech. Anyone that thinks PoS is better is not concerned about security or cares about decentralization.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80859 posts
Posted on 5/13/21 at 8:25 am to
It would be one thing if BTC was consuming all this carbon intensive electricity, but it isn't. It is ~75% run on renewables.

Take all the power produced in the world. Roughly 30% of that power is wasted before it can be put to use. The total bitcoin power usage on the entire network is 0.25% of the amount of power in the world that is completely wasted. If people are that concerned with Bitcoin's energy usage, why don't they focus their energy on actual improving the amount of power that is wasted first and not bitch about a network that incentivizes and uses majority renewables.
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