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Gem.Peera.
Gem11
ForAll Things Web3Nov 05, 2022
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What about mining?

Do you think there is a future for mining or is the pos consensus an ultimatum for the future of the whole earth? Let's say bitcoin was created initially and invariably only in such a way that it can be mined, from this it has a fairly high cost both in mining and in storage and transmission. And let's say consensus Pos is quite cheap in stacking and transmission

  • blockchain
  • consensus
  • wallet
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Daniel.
Nov 6 2022, 04:28

I would love mining become a past. PoW wastes a lot of energy and harms the planet.

Those compute resources can be used for something helpful. For example, decentralized compute services for training AI / ML models, rendering graphics, or processing videos.

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Web3 (also known as Web 3.0) is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.

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