Re: What exactly is the point of everyone's hatred of ASIC's?
So much energy being wasted on mining, save the planet maaaaaaannn. But seriously, there is so much energy/power being used in mining. It's an obscene amount.
How much energy do you think it takes to ship fiat currency around the world? To print it? How many resources do bank branches and sky scrapers use? These things are much more obscene in wasting energy but that is just my opinion.
I do understand your point on this matter. What I really mean to point out was that with POW coins the energy levels required are just going to increase more and more, and there are more and more of these type of coins popping up all the time which is just adding to the power load. There are far more energy efficient coins out there that use things such as POS and their future hybrids/improvements. Although in there infancy they could lessen the power drain once developed further.
I do understand your point though on the processing power drain fiat causes.
Just a thought though, I am not an expert ( obviously) and should probably stop talking now
