oplkill@lemmy.world to memes@lemmy.worldEnglish · 2 months agoThen they will ask why nobody wants to use their payment cardslemmy.worldimagemessage-square428linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageThen they will ask why nobody wants to use their payment cardslemmy.worldoplkill@lemmy.world to memes@lemmy.worldEnglish · 2 months agomessage-square428linkfedilink
minus-squarebaguettefish@discuss.tchncs.delinkfedilinkEnglisharrow-up0·2 months agoBy inefficiency I just mean transactions per kWh. It’s insane how expensive cryptocurrencies can get.
minus-squareElectricd@lemmybefree.netlinkfedilinkarrow-up0·2 months agoSadly true for PoW cryptos. Luckily, PoS exists, but it might not work with every crypto. More kWh = more secured chain, that’s currently how it works. At this point blocks are going to be mined anyways, so let’s fill those blocks
By inefficiency I just mean transactions per kWh. It’s insane how expensive cryptocurrencies can get.
Sadly true for PoW cryptos. Luckily, PoS exists, but it might not work with every crypto.
More kWh = more secured chain, that’s currently how it works. At this point blocks are going to be mined anyways, so let’s fill those blocks