KruppJ t1_iz9y4je wrote on December 7, 2022 at 3:51 PM Reply to comment by GoofAckYoorsElf in Ethereum’s energy switch saves as much electricity as entire Ireland uses | The success of The Merge concept may now serve as a roadmap to enable a switch from Proof of Work to Proof of Stake in Bitcoin. by chrisdh79 No different from how in proof of work the people that own the most amount of mining power (aka the richest people that can buy the most mining rigs) control the chain the most. Permalink Parent 13
KruppJ t1_iz9y4je wrote
Reply to comment by GoofAckYoorsElf in Ethereum’s energy switch saves as much electricity as entire Ireland uses | The success of The Merge concept may now serve as a roadmap to enable a switch from Proof of Work to Proof of Stake in Bitcoin. by chrisdh79
No different from how in proof of work the people that own the most amount of mining power (aka the richest people that can buy the most mining rigs) control the chain the most.