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No. Power usage is proportional to Bitcoin value. At $ 1 million, the network will consume as much power as the continental US. The willingness and ability of
by IfOnlyYouKnew 6y ago
No. Power usage is proportional to Bitcoin value. At $ 1 million, the network will consume as much power as the continental US.
The willingness and ability of nations/humanity to allow such a state should probably factor more into investment decisions than it currently does.
- exo762 6y ago> Power usage is proportional to Bitcoin value Not precise enough. Power usage is proportional to block reward USD value, which is proportional to BTC value. But once in 4 years number of BTC awarded for mining a block is halved.