Get your vote in now!!
Get your vote in now!!
340 comments
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the bitcoin blockchain doesn't require any power. any miner can stop, the blockchain would have less power, and still continue to function.
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The bitcoin blockchain doesn't require any power.
Yes. It does. No transaction can occur without proof of work being performed.
any miner can stop, the blockchain would have less power, and still continue to function.
Marginally less power, but nowhere near the reduction needed to compete with a PoS blockchain.
For example Ethereum PoS uses 2,600 MWh per year (= a single 1MW windfarm). Bitcoin uses 53,000x more energy than Ethereum.
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the whole network could be run on two raspberry pis. there is no minimum power requirement in the protocol.
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the whole network could be run on two raspberry pis.
No. Then someone would buy 3 raspberry pis and claim all the bitcoin.
Bitcoin was a great idea in 2008 but in 2024 it has been overshadowed by other blockchains in every single dimension except for market cap.
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the protocol says those 3 pis have consensus. that's how the network is supposed to function.
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We are discussing energy usage, not consensus protocols.
The Bitcoin network never going to run on any number raspberry pis. Any claims that it will compete with a PoS blockchain for energy efficiency are ludicrous.
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the protocol does not require the current energy use. it could be run on two raspberry pis.
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Are you a bot? You've said that.
Are you seriously suggesting that in the future the Bitcoin network will be running on 2 pis? No. Energy consumption will continue to be 50000 times greater than other PoS blockchains.
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340 comments