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RE: Making a Green Difference

in #green3 years ago

What are your thoughts on the amount of energy it takes to mine Bitcoin and other PoW coins? I have to admit the amount of energy it take to Bitcoin has always bothered me a bit. It's also one of the main reasons I like PoS coins.

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It seems very wasteful to me as it's only really to control who gets the rewards. Seems it's only economical if you can get really cheap power. They should at least be making use of the excess heat. The Hive system seems much more efficient whilst giving the community some control over who gets paid.

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