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by cosmodisk 1951 days ago
It's not sensationalist at all. Just because idle devices in the US consume the same amount, it doesn't become less important. It's still absurd amount of energy that could be used for much much better purposes. Another good example, albeit on much greater scale is Youtube, which already uses 1% of the world's electricity output.
1 comments

A good idea in theory that hasn't seem to have taken off in any major way is designing a PoW that is mobile device optimised so that the consensus can be driven by idle phones that are charging etc., Major problem being how can you ensure that the miners are indeed an idle device instead of a dedicated server farm. I have a feeling PoS such as in ADA or ETH 2.0 will likely emerge as the front runner in the next decade (by usage, BTC will likely hold top spot in total market cap for a while to come)