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In the future bitcoin[1] mining is banned on inhabited planets and instead done on Dyson spheres. [1] It's the future, so neither bitcoin nor internet are capi
by canadian_voter 10y ago
In the future bitcoin[1] mining is banned on inhabited planets and instead done on Dyson spheres.
[1] It's the future, so neither bitcoin nor internet are capitalized.
- bitxbitxbitcoin 10y agoI knew I couldn't be the only person with this thought. Solar powered Bitcoin mining will eventually be economically viable :).
- vivekd 10y agoif this happens, bitcoin would become valueless. The value of bitcoin comes from the fact that you can't just pump them out, the energy requirements required to solve the calculations required for mining are one of the limits to bitcoin production. Free energy like feasible solar or dyson spears would just be a license to print free digital currency making it worthless.
- aakilfernandes 10y agoThe network recalculates payoffs based on the hashrate. If electricity becomes cheaper, hashrate goes up, and the payoff per hash goes down.
- adrianN 10y agoDyson spheres are not free to construct and the energy they provide is limited.