Against #PopularBelief, #ProofOfStake is quite often even worse than #ProofOfWork when it comes to #Cryptocurrencies.

• The amount of #resources a single #Ethereum (and espechally #Solana) #Validator demand is absurd, and the #ROI (by #fees) is worse than if they used the same rigs to mine #Monero!

At least unlike #Bitcoin these #PoS #Shitcoins don't do #ASIC|s and thus create a shitton of #eWaste.

• A dedicaded server 'abused' for that workload can still be used for proper computing!

It's just absurd that these businesses burn through #NVMe-#SSD|s and saturate Gigabit-NICs...

• Meanwhile the next #scam - #bubble ("#AI") is being rode through the town and shoved into everyones' faces despite explicitly refusing to #consent!

https://www.youtube.com/watch?v=YQ_xWvX1n9g&t=1629

#Cryptocurrency #Enshittification #CryptoBros #PoW #Shitcoin #WTF #IT #Greedflation