But you would contribute less than nothing with a normal pc for this. If you’ve got an ASIC miner that supports sha256 you’re probably already mining bitcoin so why even mention it here?
Yep. Theres a lot of misinformation due to bank lobbys propaganda. Bitcoin was designed to be more efficient.
It doesn’t need humans to deal with transaction reversals (this was a key part of the design per the white paper), so you cut out all the energy that goes into creating buildings for offices and maintaining them. Also it scales up without using additional energy, so if you actually look at the numbers it uses magnitudes less energy.
I prefer bitcoin. You’re doing a lot of great work helping society get rid of those awful financial institutions by verifying transactions.
It uses much less energy too
Any Proof of Work coin is just stupid when you can use that power to do something better.
Its doing something pretty fucking useful. Verifying transactions using wayyyy less energy than banks use
But you would contribute less than nothing with a normal pc for this. If you’ve got an ASIC miner that supports sha256 you’re probably already mining bitcoin so why even mention it here?
Bitcoin uses less energy? Now that’s something I haven’t heard of before.
The jerk is taking about Bitcoin vs Banks/Finance, not vs BOINC
Yep. Theres a lot of misinformation due to bank lobbys propaganda. Bitcoin was designed to be more efficient.
It doesn’t need humans to deal with transaction reversals (this was a key part of the design per the white paper), so you cut out all the energy that goes into creating buildings for offices and maintaining them. Also it scales up without using additional energy, so if you actually look at the numbers it uses magnitudes less energy.
This is just silly. If you had said Etherium, then maybe. But Bitcoin?? C’mon…
Cant disagree with facts