[LINK] Crypto crash and power use
tom.worthington at tomw.net.au
Mon Nov 21 13:30:11 AEDT 2022
On 16/11/22 13:39, Jan Whitaker wrote:
> I haven't read the stories on the crypto crashing, but I wondered if
> this might reduce the power hogging their server farms use. ...
Yes, Bitcoin's algorithm adjust the work required to mint a new coin to
the computational capacity available. If the price goes down, and miners
are not willing to spend as much on electricity, the algorithm will
reduce the amount of computation required, and thus energy needed.
Tom Worthington http://www.tomw.net.au
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