4 ms·
> It's superlinear with the number of participants, and even with no new participants, the amount of waste grows over time by design. Incorrect, growth curve i
by WrtCdEvrydy 6y ago
> It's superlinear with the number of participants, and even with no new participants, the amount of waste grows over time by design.
Incorrect, growth curve is driven by mining power and forces innovation in lower cost of electricity. The worldwide cost of Bitcoin usage in KW has been compared to the headquarters of Bank of America's usage.
- saalweachter 6y agoThe BoA headquarters uses 8 million KW of electricity? Jesus Christ, the shareholders should sue everyone on the board.
- julianlam 6y ago> The worldwide cost of Bitcoin usage in KW has been compared to the headquarters of Bank of America's usage. You seem to be missing a couple units there...
- Google234 6y agoMaybe they mean in the sense that the numbers are literally comparable :)