Where is crypto currently with regards to power consumption issues?

1. 2021-12-09 at 4:03 AM UTC

   #1
   

   MuscleStud69 African Astronaut
   Currently what is the best tech ogt that allows crypto to not burn down multiple rainforests with every transaction?
2. 2021-12-09 at 4:04 AM UTC

   #2
   

   MuscleStud69 African Astronaut
   Ethereum? How does it achieve better efficiency? It's obviously not because the blocks are easier.
3. 2021-12-09 at 4 PM UTC

   #3
   

   SBTlauien African Astronaut
   Once the US government outlaws it, the prices will go to near zero.
4. 2021-12-09 at 4:03 PM UTC

   #4
   

   aldra JIDF Controlled Opposition
   they won't and that's not what he's talking about
   
   
   I dunno, don't do any mining so I have no idea about cost/energy effectiveness
5. 2021-12-09 at 4:39 PM UTC

   #5
   

   MuscleStud69 African Astronaut
   I mean on a technical level, isn't Ethereum supposed to solve the environmental disaster aspect of it? How?
6. 2021-12-10 at 5:23 AM UTC

   #6
   

   the man who put it in my hood Black Hole [miraculously counterclaim my golf]
   https://vitalik.ca/general/2021/12/06/endgame.html
   
   idk it seems pretty schizo to me I like the low transaction fee coins
   
   
7. 2021-12-10 at 8:04 PM UTC

   #7
   lockedin Tuskegee Airman
   The author of this post has returned to nothingness
8. 2021-12-10 at 9:06 PM UTC

   #8
   

   MuscleStud69 African Astronaut
   How does proof of work Vs proof of stake work?
9. 2021-12-10 at 9:22 PM UTC

   #9
   

   the man who put it in my hood Black Hole [miraculously counterclaim my golf]
   The problem isn't that it costs energy to mine cryptocurrency, the problem is that the energy being used is fossil based
10. 2021-12-10 at 11:10 PM UTC

    #10
    

    MuscleStud69 African Astronaut

    Originally posted by the man who put it in my hood The problem isn't that it costs energy to mine cryptocurrency, the problem is that the energy being used is fossil based

    
    Even if we had fully renewable energy, there's still a question of whether or not it is a useless and retarded endeavour.
11. 2021-12-10 at 11:29 PM UTC

    #11
    Nile bump
    Has there been any comparative analysis regarding crypto vs fiat, taking all factors into account from, Brink's trucks carrying cash, to staff at Central Banks and cc companies? To the printing of notes?
    
    If not people need to shut the fuck up. The environment will be fucked up the better we get at financial bullshit anyway so why give a shit?
12. 2021-12-10 at 11:38 PM UTC

    #12
    Nile bump

    Originally posted by MuscleStud69 Even if we had fully renewable energy, there's still a question of whether or not it is a useless and retarded endeavour.

    
    Its good to weaken central governments and banks, they abuse there position (as always) and exploit fools who believe in there system. It's rotten to the core and doesn't deliver.
    
    From health care to workers comp it's all garbage.
13. 2021-12-10 at 11:48 PM UTC

    #13
    

    vindicktive vinny Black Hole

    Originally posted by the man who put it in my hood The problem isn't that it costs energy to mine cryptocurrency, the problem is that the energy being used is fossil based

    
    irregardless mining produces heat, and heat contributes to global warming.
14. 2021-12-10 at 11:54 PM UTC

    #14
    The Self Taught Man Black Hole
    "Asking someone to do purposefully inefficient calculations is inefficient".
    
    Wow, quite an insight.
15. 2021-12-11 at 12:54 AM UTC

    #15
    Nile bump

    Originally posted by vindicktive vinny irregardless mining produces heat, and heat contributes to global warming.

    
    Yeah and people produce heat and consume energy. Like Staff administrating a bloated system ($ry a racket)
    
    Whereas a decentralized automated system doesn't have that "problem"
    
    I would assume bankers or those who are well paid by there "work" which isn't needed CONSUME energy they are not entitled to use by the dubious contributions they make through their "work"
    
    Fuck fiat. Fuck everything.
    
    
    Energy credits. Now that's a future metric I could get behind. Some weird social apparatus used to direct energy flows, along social, spiritual and sustainable goals.
    
    Meh I'm rambling.
16. 2021-12-11 at 1:31 AM UTC

    #16
    

    MuscleStud69 African Astronaut

    Originally posted by Donald Trump "Asking someone to do purposefully inefficient calculations is inefficient".
    
    Wow, quite an insight.

    
    They should do protein cracking coin or nuclear physics or quantum chemistry modeling coin
17. 2021-12-11 at 1:32 AM UTC

    #17
    

    MuscleStud69 African Astronaut

    Originally posted by vindicktive vinny irregardless mining produces heat, and heat contributes to global warming.

    
    
18. 2021-12-11 at 1:34 AM UTC

    #18
    The Self Taught Man Black Hole

    Originally posted by MuscleStud69 They should do protein cracking coin or nuclear physics or quantum chemistry modeling coin

    
    Those are all doable, so long as the solutions found are verifiable. Protein folding is more or less the same problem as a one way hashing function. You just need to write it.
19. 2021-12-11 at 1:37 AM UTC

    #19
    Nile bump
    Covid vaccine modelling coin.
    
    
    Fuckers... Bring up energy then don't acknowledge what I said about total energy costs comparing systems.
    
    
    Fuxx u guys. Am I wrong?
    
    AM I?
20. 2021-12-11 at 1:39 AM UTC

    #20
    

    MuscleStud69 African Astronaut

    Originally posted by Donald Trump Protein folding is more or less the same problem as a one way hashing function.

    
    Lol.