ok, so either ~1% figure already discounts this energy due to merge-mining, or it doesn’t discount and the effective energy consumption of Doge is lower. The original point remains: Bitcoin is pretty much the energetic problem of crypto, .
it’s just that PoW is trash when applied at scale for encouraging energy use to create consensus - and that’s by design - so indeed, “there’s something wrong with the protocol”.
Removed by mod
then there’s no reason to believe they got it wrong.
also they’re vague estimates, even bitcoin has a huge margin for error.
Removed by mod
what’s the problem of estimating based on mined blocks and difficulty?
Removed by mod
Removed by mod
Removed by mod
ok, so either ~1% figure already discounts this energy due to merge-mining, or it doesn’t discount and the effective energy consumption of Doge is lower. The original point remains: Bitcoin is pretty much the energetic problem of crypto, .
Removed by mod
it’s just that PoW is trash when applied at scale for encouraging energy use to create consensus - and that’s by design - so indeed, “there’s something wrong with the protocol”.
Removed by mod