this post was submitted on 09 Feb 2024
977 points (97.1% liked)
Technology
59666 readers
2723 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
And there's no way to use it so that it doesn't consume huge amounts of energy because of greed and because of how computers work.
So very much a problem of using PoW.
you can certainly use it: using the protocol to transact doesn't contribute meaningfully to power consumption. power consumption is almost entirely in the mining.