Custoslibera@lemmy.world to Memes@lemmy.ml · 1 year agoIt’s all a scam, don’t even try to tell me it’s usefuli.imgur.comimagemessage-square48fedilinkarrow-up1338arrow-down114
arrow-up1324arrow-down1imageIt’s all a scam, don’t even try to tell me it’s usefuli.imgur.comCustoslibera@lemmy.world to Memes@lemmy.ml · 1 year agomessage-square48fedilink
minus-squareNewDark@unilem.orglinkfedilinkarrow-up2·1 year agoMining is only one strategy for concenous, but yes it is a pretty rudementary and inefficient version.
minus-squareKecessa@sh.itjust.workslinkfedilinkarrow-up1·1 year agoAnd even in mining there are different protocols, Bitcoin is just intentionally inefficient 🤷
minus-squareBolexForSoup@kbin.sociallinkfedilinkarrow-up1arrow-down1·1 year agoWell it’s been over a decade and Bitcoin is still PoW, as well as nearly 50% of the entire crypto market.
minus-squareKecessa@sh.itjust.workslinkfedilinkarrow-up1·1 year agoOk… that doesn’t make what they said any less true?
Mining is only one strategy for concenous, but yes it is a pretty rudementary and inefficient version.
And even in mining there are different protocols, Bitcoin is just intentionally inefficient 🤷
Well it’s been over a decade and Bitcoin is still PoW, as well as nearly 50% of the entire crypto market.
Ok… that doesn’t make what they said any less true?