Tag: proof of work

Guest post: The Last Last Word on Bitcoin’s (horrifying) Energy Consumption

- by David Gerard - 4 Comments.

A response to Nic Carter’s “The Last Word on Bitcoin’s Energy Consumption” (CoinDesk, 19 May 2020), by Michael Reece Purson.

News: Tether, Winklevoss vs Shrem, regulation, Consensys asteroid mining, Ethereum analysis, Proof of Work is still awful

- by David Gerard - 3 Comments.

You can see the clear synergies between an Ethereum development house and asteroid mining … right?

Bitcoin’s stupendous power waste is green, apparently — bad excuses for Proof-of-Work

- by David Gerard - 15 Comments.

Did you know that Bitcoin using 0.1% of all the electricity on earth, and 0.5% by the end of the year, is actually good? Huge if true.