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My magazine have a two part series that argue the opposite that bitcoin mining is not wasteful: 1. http://bitcoinweekly.com/articles/the-wasted-electricity-obj
by kiba 15y ago
My magazine have a two part series that argue the opposite that bitcoin mining is not wasteful:
1. http://bitcoinweekly.com/articles/the-wasted-electricity-objection-to-bitcoin-part-i http://bitcoinweekly.com/articles/the-wasted-electricity-obj...
2. http://bitcoinweekly.com/articles/the-wasted-electricity-objection-to-bitcoin-part-ii http://bitcoinweekly.com/articles/the-wasted-electricity-obj...
- iwwr 15y agoThat's actually quite interesting, thank you for posting. So at a guess, the network is doing now around 7MW of electrical power, although there is room for a lot of efficiency improvement.