Bitcoin, Not Proof Of Stake, Solves Energy – Bitcoin Magazine
[ad_1] This is an opinion editorial by Level39, a researcher focused on Bitcoin, technology, history, ethics and energy. The notion that Ethereum’s recent “Merge,” from proof of work to proof of stake, reduces energy consumption by 99.95% is a myth. Nevermind that this calculation excludes expensive enterprise server farms, corporations and the increased work involved […]