comment

Energy FUD on PoW Looks Outdated

I remember when everyone complained about Bitcoin and Ethereum gobbling electricity under Proof of Work.

That argument changed after Ethereum moved to Proof of Stake and the industry focused on efficiency; the blanket “too much energy” critique feels outdated to me.

I still think energy impact matters for PoW chains like Bitcoin, but it’s no longer a decisive, one-size-fits-all complaint against cryptocurrency.

Source available for registered users Sign Up Free

Analysis

The original energy argument applied strongly to PoW networks; Ethereum's merge to PoS materially cut its consumption, shifting the debate. Bitcoin remains PoW and attracts scrutiny, but improvements ...

Recommendation

This is primarily a commentary: factor energy footprint into research but avoid using it as the sole reason to dismiss projects—different consensus mechanisms and mining dynamics require case-by-case ...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: