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mtcoxx1 karma
I agree that POS (or hybrid POS) like NXT or Ethereum will be more efficient in terms of energy consumption, but I think it may be necessary in the short run to rely on the POW system until a better POS/POW system is created.
But really, the miners are paying their electrical bills so who really cares what the cost is. In the grand scheme of the world, the consumption isn't that much.
mtcoxx1 karma
Also mining keeps the network intact so there's that.
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