US government tracking the energy implications of booming bitcoin mining in US.

Over 2 percent of the US’s electricity generation now goes to bitcoin::US government tracking the energy implications of booming bitcoin mining in US.

  • TypicalHog@lemm.eeEnglish
    2·
    10 months ago

    We in Cardano have a “saturation” limit per pool. So if you have more than like 70M ADA, you don’t get rewards for anything above that. This encourages people with a lot of ADA (either theirs or delegated to them) to run multiple pools. We call them multi pool operators. Cardano community has a really strong sentiment against delegating to multi pools. And if you are wondering if that figure I mentioned earlier (30 pools to reach 50+%) is just a few entities with many pools. No - this is actually 30 individual MPOs (multi pool operators).

    • NotMyOldRedditName@lemmy.worldEnglish
      2·
      10 months ago

      That’s a pretty cool way to address the problem. I originally wrote solution, but that’s not really a solution since it could theoretically just be multi pools, but by putting a barrier in place like that to discourage it, it should lessen the problem.