Post
Topic
Board Development & Technical Discussion
Re: Why exactly is Bitcoin clinging to PoW?
by
TangentC
on 18/05/2021, 11:31:54 UTC
what is the PoW supporters plan to stop cities and countries from banning bitcoin PoW mining,
due to their concerns over bitcoin energy usage and carbon footprint?

Because I hear bitcoiners don't won't to switch, OK don't ,
but how are you going to solve the above issues if you don't.
Ignoring it or blaming other industries will make little difference to the Politicians that are banning mining.

You can solve it easy for yourself if you stop watching mainstream media brainwashing or listening elon, and if some city or state ban's Bitcoin mining than miners will simply move to other city or region that is pro Bitcoin.

If some city is using electricity created mostly from coal then they have the problem to solve and move to renewable energy sources, and Bitcoin has nothing to do with that.


No offense , but ignoring the energy waste will not make the issue go away,
that is like ignoring that mole that turns into cancer and kills you.

Whether Bitcoiners like it or not , the media is slamming bitcoin for excessive energy usage,
and Bans of PoW mining are growing. If you plan on staying PoW, then you need to figure how you are going to bypass those future bans,
because at some point, their won't be any one allowing PoW mining.
Since increased energy usage does not translate into increased performance only increased security, a PR nightmare is looming for bitcoin.
Ethereum solution to the energy waste issue has been to start a transition to PoS, Bitcoiners don't want that, so you need to make a plan.
Also the growing excessive energy issue has been an issue since 2013 when PoS was created to fix it, so this has been an issue ignored for years already.