Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Samson Mow Lists 3 Ways to Greener Bitcoin, Including Learning Code

Published 03/26/2023, 06:40 AM
Updated 03/26/2023, 07:00 AM
© Alpha Footage Samson Mow Lists 3 Ways to Greener Bitcoin, Including Learning Code

© Alpha Footage Samson Mow Lists 3 Ways to Greener Bitcoin, Including Learning Code

  • Traditional activism methods won’t work for Bitcoin, says Samson Mow.
  • The crypto leader argued that any meaningful change in Bitcoin requires real work.
  • Proposed solutions include learning to code, investing in energy, and green infrastructure.

Crypto industry leader Samson Mow recently took to Twitter to share his thoughts on how traditional activism methods will not work for Bitcoin. According to Mow, Bitcoin‘s decentralized nature means that it cannot be lobbied or influenced in the same way as centralized systems.

Mow explains that the Proof of Work system means that any meaningful change in Bitcoin requires real work and that activists must invest time and money into making a difference. Mow suggests that learning to code, understanding the code, and proposing changes on mailing lists are viable ways to create change in Bitcoin.

Furthermore, Mow recommended investing in research and development of efficient ASICs, investing in green energy infrastructure, and hosting Bitcoin miners at a cost lower than “dirty energy.”

However, Mow acknowledged that these options require significant work and skin in the game. He notes that any system not built on a Bitcoin standard will ultimately fail, emphasizing the importance of supporting the decentralized nature of the network.

Mow also points out that making Bitcoin greener is subjective and that activists must be willing to invest significant resources to make a difference. He believes most activists will likely just complain instead of doing the necessary work.

Overall, Mow’s tweets highlight the importance of understanding the decentralized nature of Bitcoin and the necessity of investing time and resources to make meaningful changes in the network. His insights also emphasize the need for a Bitcoin standard and the importance of making the blockchain more environmentally friendly.

The post Samson Mow Lists 3 Ways to Greener Bitcoin, Including Learning Code appeared first on Coin Edition.

See original on CoinEdition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.