The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used.Continue readingSatoshi’s node-to-power ratio
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Tag: energy consumption
But I do think that is is really important to point out that all that CPU power and electricity usage is absolutely NOT required for the task at hand.Continue readingBitcoin minting: a critique of preceptions
I believe that the amount of energy input required to the bitcoin economy represents a serious obstacle to its growth.Continue readingBitcoin minting is thermodynamically perverse