That makes sense. But so was bitcoin at one time, right?
Discussion
Where would you rather store your net worth today?
Monero Hashrate
4.32 GH/s
Bitcoin Hash-rate
818,300,000 GH/s
I don't have any net worth really. But I do mine bitcoin. It's my default for sure. I am just wanting to understand and remain open.
Nothing wrong with learning and being open minded
whoop whoop 🚨
nah bra, not number of hashes.
Bitcoin>Monero becasue of *energy invested in securing the network*
comparing sha256 to randomx doesn't mean anything
Great point... I think. I am clueless. Makes sense though.
there were some numbers flying around twitter years ago
but the difference of how many kWh is being invested is several orders of magnitude.
and thats one important metric of "network security"
Bitcoin is still magnitudes more secure though based on energy cost and hardware cost so the point still stands. If you wanted to get technical yes you’d need to figure out the energy cost per hash and the hardware cost per hash for each network.
I have no doubt it is way more secure.
No matter how you slice it bitcoin is magnitudes more secure than monero as a network. It’s not even in the same league.