Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin mining a problem of wasting energy? No
by
mk4
on 10/03/2020, 03:48:40 UTC
It is a wasting because it could be done with staking, that way the could shouldn't need miners.

Yes, but it could end up making Bitcoin centralized. Think about it. Imagine being a huge exchange with a lot of PoS coins in custody? Solely from being a whale, you automatically have a significant influence over the network. In contrast to PoW whereas you'd actually have to dedicate money to buy hardware.