Hacker News new | ask | show | jobs
by TeMPOraL 3182 days ago
As I keep pointing out, energy costs of "classical" money is considered an upkeep that's to be reduced. You can earn money by making the process more efficient. In cryptocurrencies, energy use is considered a feature - people are incentivized to waste more and more electricity.

Or put differently, it's replacing a system that's O(log n) with respect to energy usage with a system that's O(n²), for questionable benefits.