smthg2say624

2 ms·

1. 1.▲
   by smthg2say624 4y ago

   I think it's very unlikely to be profitable. 11B/1M incarcerated (from the article) means a gross product of 11k per person. I would argue that while that might be enough to sustain one prisoner's marginal cost to the system,
2. 2.▲
   by smthg2say624 4y ago

   Apologies, I meant that "for the same security level"/"for the same price of bitcoin" (these two have causal effects on the other), the amount of energy is constant, a global limit. We can asume the blocks are about
3. 3.▲
   by smthg2say624 4y ago

   I don't think the method is correct. There is no "energy cost for transaction" in Bitcoin, it's an energy cost per block. And it's a global constant, it doesn't make sense to say that you making 26 transactions