Post
Topic
Board Bitcoin Discussion
Re: Why BTC POW is technically moving towards an dead end
by
konfuzius5278
on 23/02/2022, 19:41:04 UTC
The matter of pollution has been discussed many times, and there's enough info online (including fact-checking services) that show it's not a real ecological threat, and, on top of it, it's all a matter of sources of electricity, which need to become cleaner, rather than of consumption. Now, regarding the dead end, I don't understand the argument. You mean it's a problem because energy consumption is rising? It's still far from the levels that pose a problem of the lack of electricity, not to mention that miners can choose to opt out, difficulty would decrease and so would consumption. Not to mention that your calculations don't match those of franky1, so providing sources with estimates would be nice.
1) So at first we talk of long term. I dont say its a problem tommorow to have the energy that is demanded by the rising energy consumtion

2) When miners opt out and difficulity decreases, the network gets lower safety. Its a solve for the moment but dont solve the problem long term

3)accourding to sources: I can only look what has happend the last years and as always the Bitcoin maxis say: "Everything will continue the same as before .." like S2F and so on