conzone
Member Since: March 27, 2021
Country: United States
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Crypto mining is an overall general term vs Bitcoin mining would be subset or a type of crypto mining. The difference is the process in which the mining happens. Bitcoin uses proof-of-work which is extremely process and energy intensive and why there are articles out there on it's energy consumption. Helium what's being mined is HNT and it's a proof-of-coverage network so the devices are not running metric shit tons of hashes like Bitcoin is. So it's very energy efficient.
Also unlike Bitcoin where you could setup a whole farm of mining machines in your house if you wanted to you cannot do that with Helium. The idea of proof-of-coverage is that you're well providing coverage. If you have all the devices in one location you're not expanding the coverage besides the same general radius from that one point.
No public wish lists :(