Post
Topic
Board Bitcoin Discussion
Re: Why BTC POW is technically moving towards an dead end
by
konfuzius5278
on 03/03/2022, 21:42:21 UTC
Still no one here really deals with the argument of the "dead  end"

Again the energy consumption will rise because of

people want more money so ->

1) they buy more and

2) technically better miners

-> that conclude in a pemanent growing energy consumption.

I deny again that there is an end in how fast solving the sha 256 function in the next 20 years because people will always invent computer a little faster.

Maybe my numbers are wrong and it takes longer but it happens. And technically there is a limit to deliver electricity and if not:

One other thing not discussed here
When there is electrictiy in an glut so you can get it everywhere without investing, POW again does not make any sense because it does not put the important value in it.
Bicoiners say only investing work makes the value, if electricity has no hard work anymore the arguement stick