this post was submitted on 03 Dec 2023
14 points (54.9% liked)

Technology

59377 readers
6844 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
14
Each Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortages (www.tomshardware.com)
submitted 11 months ago by throws_lemy@lemmy.nz to c/technology@lemmy.world
82 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] fruitycoder@sh.itjust.works 4 points 11 months ago (1 children)

Eth consistently seems to be the better technology. I really don't see why Bitcoin doesn't see more transition from mining to just validation as it sunsets.

[–] supert@lemmy.sdfeu.org 1 points 11 months ago (1 children)

Mining is validation through POW. Eth is almost pointless from the point of view of bitcoin as proof of stake is "who has the gold makes the rules".

[–] fruitycoder@sh.itjust.works 1 points 10 months ago

PoW is inherently unavailable while also a system of dimmishing returns. PoS is bad IMHO too, but from a sociopolitical aspect and not from tech standpoint.