this post was submitted on 02 Jun 2024
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the whole Blockchain could be run by two raspberry pis, and the cap is still limited to 21million. I suspect you don't know what you're talking about
It could be. I explained why it isn't. Why don't you offer an alternative hypothesis for why so much power is used?
it's used because because more machines areining than 2 raspberry pis
Well, thanks for agreeing with me
three raspberry pis would also use more power than 2. it doesn't mean that Bitcoin is designed to waste power. it means people are willing to spend energy on mining
But it could be done with 2. The third one is spending power for no common good.
not for a common good, but the other two can hardly be said to be altruistic either.
Exactly, it's a system where everyone running the infrastructure is a greedy dick
this is true of any other commodity extraction operation, though. lumbering, mining, fishing...