Anyone who thought differently when crypto appeared was most likely young and naive. If a system deal with effort credit, some will find ways, whatever rule you think they follow, to get more credit for less effort.
There s no solution, it s the basic of energy limitation: you have an enormous incentive to conserve energy until we can get so much more than we require with so little spending that it becomes irrelevant. But then, we ll find ways, probably, to spend so much energy that we ll reach the limit again.
A bit like in the 2000s when you kept doubling your disk drive space every year and still kept filling it at exponential rate :D
There s no solution, it s the basic of energy limitation: you have an enormous incentive to conserve energy until we can get so much more than we require with so little spending that it becomes irrelevant. But then, we ll find ways, probably, to spend so much energy that we ll reach the limit again.
A bit like in the 2000s when you kept doubling your disk drive space every year and still kept filling it at exponential rate :D