there is every reason to not believe them. they clearly have a motivation to paint power consumption as worse than is true, and the complexity of extracting the use of dogecoin mining from the rest of the mergedmine is, personally, unfathomable. maybe i'm dumb and there is a simple calculation that can be done, but without evidence of their methodology, i'm not going to believe them, and no one should.
eager_eagle@lemmy.world 11 months ago
what’s the problem of estimating based on mined blocks and difficulty?
bigMouthCommie@kolektiva.social 11 months ago
it's a bit like clocking your gas mileage to and from work, and then saying thats how much gas it took you to get out of your driveway.
bigMouthCommie@kolektiva.social 11 months ago
not everyone is merge-mining and even those who do may only be merge-mining specific chains.
bigMouthCommie@kolektiva.social 11 months ago
the work that goes into mining those blocks should be discounted by the amount of energy that goes into mining every other merge-mined chain
eager_eagle@lemmy.world 11 months ago
ok, so either ~1% figure already discounts this energy due to merge-mining, or it doesn’t discount and the effective energy consumption is lower. The original point remains: Bitcoin is pretty much the energetic problem of crypto.
bigMouthCommie@kolektiva.social 11 months ago
asic miners are the problem with crypto's energy consumption. nothing is wrong the the bitcoin protocol, which is functioning as expected.