Post
Topic
Board Development & Technical Discussion
Re: A Two-Round Proof of Work instead of PoW
by
tromp
on 18/11/2021, 07:30:37 UTC
Which will help the environment by reducing the machines production

On the contrary. Even if your scheme worked, and you could force miners to sit idle 80% of the time,
that means they'll reinvest the saved electricity costs into buying MUCH MORE hardware to stay competitive.

As long as Bitcoin issues $50M dollar's worth every day, we can expect miners to collectively spend nearly that much money in competing for it.
All you achieve is a shift from electricity costs to hardware costs.

Quote
What do you thing?          

Sorry; thinging is not my thing:-(