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It will not. Bitcoin is literally designed specifically to make sure this never happens. Again, as soon as you manage to develop a way to mine bitcoin more eff
by user-the-name 6y ago
It will not. Bitcoin is literally designed specifically to make sure this never happens.
Again, as soon as you manage to develop a way to mine bitcoin more efficiently, the difficulty of mining will automatically go up to make sure you are still wasting just as much energy.
- ChainOfFools 6y agothe diff goes up for everyone, not just you. you still have a relative advantage over all the other miners who have not yet reproduced your efficiency gains.
- user-the-name 6y agoIrrelevant to the question of destroying the planet.
- burnished 6y ago'relative difficulty' was never germane to the discussion. The point is that the system self-corrects for more efficient energy use by increasing its energy use. And its a lot of energy.