oplkill@lemmy.world to memes@lemmy.worldEnglish · 2 days agoThen they will ask why nobody wants to use their payment cardslemmy.worldimagemessage-square452linkfedilinkarrow-up1854arrow-down1231
arrow-up1623arrow-down1imageThen they will ask why nobody wants to use their payment cardslemmy.worldoplkill@lemmy.world to memes@lemmy.worldEnglish · 2 days agomessage-square452linkfedilink
minus-squarebaguettefish@discuss.tchncs.delinkfedilinkEnglisharrow-up8·2 days agoBy inefficiency I just mean transactions per kWh. It’s insane how expensive cryptocurrencies can get.
minus-squareElectricd@lemmybefree.netlinkfedilinkarrow-up2arrow-down4·2 days 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