Hi, this isn't about the energy efficient argument in regards to renewables or mining devices but a better cryptography layer to get the most out of your hashing for validation. I do understand the arbitrariness of it, but do want to still propose a document. Do I use the Media Wiki format on GitHub and just attach it as my proposal?
Best regards, Andrew On Fri, Mar 5, 2021, 10:07 AM Devrandom <c1.devran...@niftybox.net> wrote: > Hi Ryan and Andrew, > > On Fri, Mar 5, 2021 at 5:42 AM Ryan Grant via bitcoin-dev < > bitcoin-dev@lists.linuxfoundation.org> wrote: > >> >> https://www.truthcoin.info/blog/pow-cheapest/ >> "Nothing is Cheaper than Proof of Work" >> on | 04 Aug 2015 >> >> > Just to belabor this a bit, the paper demonstrates that the mining market > will tend to expend resources equivalent to miner reward. It does not > prove that mining work has to expend *energy* as a primary cost. > > Some might argue that energy expenditure has negative externalities and > that we should move to other resources. I would argue that the negative > externalities will go away soon because of the move to renewables, so the > point is likely moot. > >
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