And this is not surprising. Cryptocurrency is designed to be anti-efficient. "Proof of work" is just a synonym for "having wasted tons of energy."
This is my main beef with these systems. Gaining fundamental value from the act of wasting energy and being the one to accelerate the (local) heat death by the most is not a sensible basis for a 21st century technology.
This is my main beef with these systems. Gaining fundamental value from the act of wasting energy and being the one to accelerate the (local) heat death by the most is not a sensible basis for a 21st century technology.