this post was submitted on 02 Jun 2024
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Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

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[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 5 months ago (1 children)

Agreed. Because they can't provide enough power to prove the required work.

[–] VictoriaAScharleau@lemmy.world 1 points 5 months ago (1 children)

i think you read a word that isn't there. the work of generating a nonce, hashing the header, and checking for leading zeroes can certainly be done by a raspberry pi in under the 10 minute block time.

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 5 months ago (1 children)

A raspberry pi could verify a bitcoin block. It is EXTREMELY unlikely to find the next block.

[–] VictoriaAScharleau@lemmy.world 1 points 5 months ago (1 children)

unlikely, given the network hashrate, but not impossible.

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 5 months ago

A hash rate that requires 170TWh of electricity. There are no scenarios where this drops more than 99%, except for the destruction of bitcoin.