• sugar_in_your_tea@sh.itjust.works
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    7 months ago

    Right, and all of that is why it’s unprofitable to mine Monero. So you end up with enthusiasts mining because they care about the platform, not because they’re trying to make money. Transaction costs stay low because there are a lot of enthusiasts, and energy use also stays low because mining farms aren’t really a thing, so there’s a lot less waste. I imagine a lot of people run a miner on a system that’s going to stay up 24/7 anyway (e.g. NAS or VPS that serves other data), so there isn’t really an increased amount of energy usage.

    It’s nearly impossible to estimate how much energy it uses though, but I wouldn’t be surprised if it’s a blip compared to Bitcoin, even adjusted for total number of transactions processed.

    • shortwavesurfer@lemmy.zip
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      7 months ago

      Yep, that’s a totally fair point. I mine on the same machine that runs my node that I connect my mobile wallet to over tor and it runs a couple of other services for me, so I have to leave it on all the time anyway.