From a developing standpoint the only solution to energy consumption (regardless of it being "immense" or not as it is claimed) is to find an alternative mining algorithm that doesn't consume the same amount of energy but at the same time keeps the principles of Bitcoin such as decentralization intact.
Would this be the only or the quickest solution? I have been reading about how a percentage of miners have been moving t renewable source of energy, plus the fact that globally, countries are looking to move to greener, renewable energy.
An alternative algorithm is almost like ripping up the sheet and doing it again a different way. Would it still be satoshi's invention or not? Would there be another change later on if something unsatisfactory pops up? And most importantly would it offer same level of security?
- Jay -