this post was submitted on 02 Jun 2024
1642 points (96.4% liked)
Microblog Memes
5467 readers
3 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
A Maxi would be unable to admit that there is no imaginable scenario where the bitcoin protocol will drop to the low energy requirements of a PoS blockchain.
there is no energy requirement at all for either mining method. the protocols are energy-agnostic.
Incorrect. Bitcoin protocol is designed to distribute bitcoin to whoever provides the most energy (work).
it's all just guess-and-check. a raspberry pi could find the next block even today.
Agreed. Because they can't provide enough power to prove the required work.
i think you read a word that isn't there. the work of generating a nonce, hashing the header, and checking for leading zeroes can certainly be done by a raspberry pi in under the 10 minute block time.
A raspberry pi could verify a bitcoin block. It is EXTREMELY unlikely to find the next block.
unlikely, given the network hashrate, but not impossible.
A hash rate that requires 170TWh of electricity. There are no scenarios where this drops more than 99%, except for the destruction of bitcoin.