Proof-of-work based consensus protocols like Bitcoin consume environmental energy equivalent to multiple nations' electricity production, and this energy expenditure is decoupled from the actual security value provided since more energy expenditure does not increase the price floor of the token or improve its actual utility, making it economically wasteful
factualpending
Speaker
Emin Gün SirerEvidence Quote
“nakamoto consensus consumes immense amounts of energy it's on par with the netherlands right now it's more than two denmark's it's more than three ireland's... there is no connection between the energy burned and value of the token”
Created: 8/10/2026, 11:10:13 PM
My Notes
Loading notes...