3 ms·
I don’t think any of these things come close to paying for the energy cost Bitcoin used circa 2018 (I haven’t looked recently — has it decreased?). And that co
by sesuximo 6y ago
I don’t think any of these things come close to paying for the energy cost Bitcoin used circa 2018 (I haven’t looked recently — has it decreased?). And that cost would skyrocket if everyone used it day to day
- beaner 6y agoI have commented on this elsewhere but because energy is not just a cost for bitcoin mining but essentially the only cost outside initial capital investment, Bitcoin's POW will in the long-term drive all mining to off-grid self-power by renewables.