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by grifball 1942 days ago
Haha, but actually, you might have to put up with that soon. There's recent research on a blockchain technology called: "proof of space" which would require systems with large storage to idle for long periods of time I believe.

EDIT: proof of storage -> proof of space

2 comments

Hey, at least that way all those empty apartments and houses being held as investments will get filled up with proof of space mining nodes
We need a way to prove the work was done using renewable energy
Sure, you could get large Bitcoin miners to get certified with some authority, so that they can put a stamp on their website that tracks all of the transactions that were made with renewable energy.

However, people can, and will, lie and cheat for profit. In this case it's in the form of PR and playing nice with the Government, possibly for tax reasons.

We've seen this same story play out in the car industry[0], and that has far fewer (albeit far larger) players that need to be properly regulated.

So, from a technical perspective, how would you achieve this goal? Could one mathematically and cryptographically prove that the work was done using renewable energy? I don't know, that's something for someone much smarter than me to figure out.

[0]: https://en.wikipedia.org/wiki/Volkswagen_emissions_scandal

It sounds impossible, but I've read the abstract of this article which claims to provide a cryptographic proof of a physical object (nuclear warhead): https://www.pnas.org/content/113/31/8618

I'm not sure if this is possible to extrapolate to prove an energy generation process... But, it's exciting that a physical material can be cryptographically proven over a network (if I'm reading this abstract correctly).