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Message
re: Official CryptoTalk Thread
Posted on 5/13/21 at 8:18 am to TigerTatorTots
Posted on 5/13/21 at 8:18 am to TigerTatorTots
quote:
It isn’t better tech. Anyone that thinks PoS is better is not concerned about security or cares about decentralization.
Posted on 5/13/21 at 8:25 am to jimbeam
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.
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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