4 ms·

Somebody did the calculation of how many bitcoins we can mine with the energy released by burning the entire planet? That would be great

• Avshalom 5y ago
  well seeing as mining difficulty scales with the amount of mining being done... 1. 1 bitcoin would be mined.
  • NullPrefix 5y ago
    Current block reward is 6.25BTC and you can't exactly mine a partial block.
    • bialpio 5y ago
      ... and the next halving is still ~3 years away.
    • Avshalom 5y ago
      oh, well then. And here I was thinking it might not be worth it.
• vmception 5y ago
  That numbers adjusts upwards and downwards every 2016 blocks. So if we burned the entire planet the recipient will mine most of the bitcoin for a maximum of 2016 blocks at a faster rate than before they started mining, and then the difficulty will adjust upwards reverting the block creation time to 10 minutes per block. When the planet extinguishes, blocks will be found much slower or cease being found at all, until the end of the 2016 block period where difficulty will drop much lower, allowing people to earn bitcoin using an abacus and negligible amounts of power. So there is no absolute need for bitcoin to use a lot of power and it scales up and down.
• paul_f 5y ago
  Think bigger. A Dyson Sphere would maximize bitcoin mining