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It could be. I explained why it isn't. Why don't you offer an alternative hypothesis for why so much power is used?
10 0 Replyit's used because because more machines areining than 2 raspberry pis
1 4 ReplyWell, thanks for agreeing with me
3 0 Replythree raspberry pis would also use more power than 2. it doesn't mean that Bitcoin is designed to waste power. it means people are willing to spend energy on mining
1 4 ReplyBut it could be done with 2. The third one is spending power for no common good.
3 0 Replynot for a common good, but the other two can hardly be said to be altruistic either.
1 3 ReplyExactly, it's a system where everyone running the infrastructure is a greedy dick
3 0 Replythis is true of any other commodity extraction operation, though. lumbering, mining, fishing...
1 3 Reply