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There is no other comparable way to convert power so directly into money like Bitcoin and proof-of-work networks provide. This means that Bitcoin mining and en
by danpalmer 6y ago
There is no other comparable way to convert power so directly into money like Bitcoin and proof-of-work networks provide.
This means that Bitcoin mining and energy prices form an arbitrate opportunity, which will force energy prices higher and higher as usage increases.
A friend of mine proposed that proof-of-work could be the Great Filter.