Re: Bitcoin... Destroying the planet
The Bitcoin Core mining can remain profitable using up to at least 24 TWh annually. That said, as the periodic halvings reduce awards the fees, which are already to high to make it useful for commerce, may soon make it problematic for investment. Bitcoin Cash is up to 8 times more energy efficient and Bitcoin Unlimited blockchains could be >> efficient yet. On Dec 7, 2017 12:05 PM, "g2s" <g2s@riseup.net> wrote: Bitcoin. A gambling game only a capitalist scumbag would play. Tim May was wrong. Btc IS NOT the future. It's a dead end leading to a dead planet. The bitcoin computer network currently uses as much electricity as Denmark. In 18 months, it will use as much as the entire United States. https://grist.org/article/bitcoin-could-cost-us-our-clean-energy-future/amp/ Rr
This Denmark-energy rumour comes from this article, if i'm not wrong: https://motherboard.vice.com/en_us/article/aek3za/bitcoin-could-consume-as-m... P.D: Leave out fights-promotion-BTC-core-segwit-cash-gold-unlimited-bla-bla-bla from the list please... El 08/12/17 a las 01:12, Steven Schear escribió:
The Bitcoin Core mining can remain profitable using up to at least 24 TWh annually. That said, as the periodic halvings reduce awards the fees, which are already to high to make it useful for commerce, may soon make it problematic for investment.
Bitcoin Cash is up to 8 times more energy efficient and Bitcoin Unlimited blockchains could be >> efficient yet.
On Dec 7, 2017 12:05 PM, "g2s" <g2s@riseup.net <mailto:g2s@riseup.net>> wrote:
Bitcoin. A gambling game only a capitalist scumbag would play. Tim May was wrong. Btc IS NOT the future. It's a dead end leading to a dead planet.
The bitcoin computer network currently uses as much electricity as Denmark. In 18 months, it will use as much as the entire United States.
https://grist.org/article/bitcoin-could-cost-us-our-clean-energy-future/amp/ <https://grist.org/article/bitcoin-could-cost-us-our-clean-energy-future/amp/>
Rr
I dont see where this is a rumor. Rr -------- Original message --------From: Edward Low <edwardlow@riseup.net> Date: 12/7/17 4:16 PM (GMT-08:00) To: cypherpunks@lists.cpunks.org Subject: Re: Bitcoin... Destroying the planet This Denmark-energy rumour comes from this article, if i'm not wrong: https://motherboard.vice.com/en_us/article/aek3za/bitcoin-could-consume-as-m... P.D: Leave out fights-promotion-BTC-core-segwit-cash-gold-unlimited-bla-bla-bla from the list please... El 08/12/17 a las 01:12, Steven Schear escribió: The Bitcoin Core mining can remain profitable using up to at least 24 TWh annually. That said, as the periodic halvings reduce awards the fees, which are already to high to make it useful for commerce, may soon make it problematic for investment. Bitcoin Cash is up to 8 times more energy efficient and Bitcoin Unlimited blockchains could be >> efficient yet. On Dec 7, 2017 12:05 PM, "g2s" <g2s@riseup.net> wrote: Bitcoin. A gambling game only a capitalist scumbag would play. Tim May was wrong. Btc IS NOT the future. It's a dead end leading to a dead planet. The bitcoin computer network currently uses as much electricity as Denmark. In 18 months, it will use as much as the entire United States. https://grist.org/article/bitcoin-could-cost-us-our-clean-energy-future/amp/ Rr
Department of Irony Libertarians hate fiat money but love the idea of a currency whose value is linked to consuming as much energy as a European nation state https://twitter.com/IronyDept/status/938928573368299521 Rr -------- Original message --------From: g2s <g2s@riseup.net> Date: 12/7/17 4:19 PM (GMT-08:00) To: Edward Low <edwardlow@riseup.net>, cypherpunks@lists.cpunks.org Subject: Re: Bitcoin... Destroying the planet I dont see where this is a rumor. Rr -------- Original message --------From: Edward Low <edwardlow@riseup.net> Date: 12/7/17 4:16 PM (GMT-08:00) To: cypherpunks@lists.cpunks.org Subject: Re: Bitcoin... Destroying the planet This Denmark-energy rumour comes from this article, if i'm not wrong: https://motherboard.vice.com/en_us/article/aek3za/bitcoin-could-consume-as-m... P.D: Leave out fights-promotion-BTC-core-segwit-cash-gold-unlimited-bla-bla-bla from the list please... El 08/12/17 a las 01:12, Steven Schear escribió: The Bitcoin Core mining can remain profitable using up to at least 24 TWh annually. That said, as the periodic halvings reduce awards the fees, which are already to high to make it useful for commerce, may soon make it problematic for investment. Bitcoin Cash is up to 8 times more energy efficient and Bitcoin Unlimited blockchains could be >> efficient yet. On Dec 7, 2017 12:05 PM, "g2s" <g2s@riseup.net> wrote: Bitcoin. A gambling game only a capitalist scumbag would play. Tim May was wrong. Btc IS NOT the future. It's a dead end leading to a dead planet. The bitcoin computer network currently uses as much electricity as Denmark. In 18 months, it will use as much as the entire United States. https://grist.org/article/bitcoin-could-cost-us-our-clean-energy-future/amp/ Rr
On Thu, 07 Dec 2017 16:19:23 -0800 g2s <g2s@riseup.net> wrote:
I dont see where this is a rumor.
...because estimating how much energy is being used in hashing is rather easy. so posting completely unsourced garbage like rayzer does is beyond pathetic...
The scumbag said On Thu, 07 Dec 2017 16:19:23 -0800 g2s <g2s@riseup.net> wrote:
I dont see where this is a rumor.
...because estimating how much energy is being used in hashing is rather easy. so posting completely unsourced garbage like rayzer does is beyond pathetic... https://grist.org/article/bitcoin-could-cost-us-our-clean-energy-future/amp/...
On Thu, 7 Dec 2017 16:12:41 -0800 Steven Schear <schear.steve@gmail.com> wrote:
Bitcoin Cash is up to 8 times more energy efficient and Bitcoin Unlimited blockchains could be >> efficient yet.
So Steve you were talking about some sort of "flipping" or something a while back? How's that going? right now bitcoin is at $18000* while bcash is $1300 *stupid bubble of course.
It's going great, actually. Bitcoin Cash uptake is growing dramatically and, unlike Bitcoin Core, is entirely practical for commerce. As for the flippening it clearly hasn't happened. While it's price has appreciated it's not a hockey stick. I'm still hopeful the recent code changes will, probably after the next price crash of Core, enable it to close the miner profitably gap. On Dec 7, 2017 4:42 PM, "juan" <juan.g71@gmail.com> wrote: On Thu, 7 Dec 2017 16:12:41 -0800 Steven Schear <schear.steve@gmail.com> wrote:
Bitcoin Cash is up to 8 times more energy efficient and Bitcoin Unlimited blockchains could be >> efficient yet.
So Steve you were talking about some sort of "flipping" or something a while back? How's that going? right now bitcoin is at $18000* while bcash is $1300 *stupid bubble of course.
In #meetoo fashion the flippening is going to happen this week when drudge news shows a bitcoin core developer get accused of grabbing an interns breast, and everyone dumps BTC. On Thu, Dec 7, 2017 at 4:45 PM, juan <juan.g71@gmail.com> wrote:
On Thu, 7 Dec 2017 16:12:41 -0800 Steven Schear <schear.steve@gmail.com> wrote:
Bitcoin Cash is up to 8 times more energy efficient and Bitcoin Unlimited blockchains could be >> efficient yet.
So Steve you were talking about some sort of "flipping" or something a while back? How's that going?
right now bitcoin is at $18000* while bcash is $1300
*stupid bubble of course.
-- Creator of the Warrant Canary and the Street Performer Protocol. Wi-Fi standard spec. creation participant and co-developer of eCache. Director at MojoNation and Cylink. Founding member of IFCA and GNU Radio. Currently, VP of BusinessTechnology at Stashcrypto.com
-------- Original message --------From: Steven Schear <schear.steve@gmail.com> Date: 12/8/17 10:49 AM (GMT-08:00) To: juan <juan.g71@gmail.com> Cc: cypherpunks <cypherpunks@lists.cpunks.org> Subject: Re: Bitcoin... Destroying the planet In #meetoo fashion the flippening is going to happen this week when drudge news shows a bitcoin core developer get accused of grabbing an interns breast, and everyone dumps BTC. +1. Rr On Thu, Dec 7, 2017 at 4:45 PM, juan <juan.g71@gmail.com> wrote: On Thu, 7 Dec 2017 16:12:41 -0800 Steven Schear <schear.steve@gmail.com> wrote:
Bitcoin Cash is up to 8 times more energy efficient and Bitcoin
Unlimited blockchains could be >> efficient yet.
So Steve you were talking about some sort of "flipping" or something a while back? How's that going? right now bitcoin is at $18000* while bcash is $1300 *stupid bubble of course. -- Creator of the Warrant Canary and the Street Performer Protocol. Wi-Fi standard spec. creation participant and co-developer of eCache. Director at MojoNation and Cylink. Founding member of IFCA and GNU Radio. Currently, VP of BusinessTechnology at Stashcrypto.com
Ps. https://twitter.com/vexmark/status/938780120990568448 -------- Original message --------From: g2s <g2s@riseup.net> Date: 12/8/17 3:12 PM (GMT-08:00) To: cypherpunks@lists.cpunks.org Cc: cypherpunks <cypherpunks@lists.cpunks.org> Subject: Re: Bitcoin... Destroying the planet -------- Original message --------From: Steven Schear <schear.steve@gmail.com> Date: 12/8/17 10:49 AM (GMT-08:00) To: juan <juan.g71@gmail.com> Cc: cypherpunks <cypherpunks@lists.cpunks.org> Subject: Re: Bitcoin... Destroying the planet In #meetoo fashion the flippening is going to happen this week when drudge news shows a bitcoin core developer get accused of grabbing an interns breast, and everyone dumps BTC. +1. Rr On Thu, Dec 7, 2017 at 4:45 PM, juan <juan.g71@gmail.com> wrote: On Thu, 7 Dec 2017 16:12:41 -0800 Steven Schear <schear.steve@gmail.com> wrote:
Bitcoin Cash is up to 8 times more energy efficient and Bitcoin
Unlimited blockchains could be >> efficient yet.
So Steve you were talking about some sort of "flipping" or something a while back? How's that going? right now bitcoin is at $18000* while bcash is $1300 *stupid bubble of course. -- Creator of the Warrant Canary and the Street Performer Protocol. Wi-Fi standard spec. creation participant and co-developer of eCache. Director at MojoNation and Cylink. Founding member of IFCA and GNU Radio. Currently, VP of BusinessTechnology at Stashcrypto.com
participants (4)
-
Edward Low
-
g2s
-
juan
-
Steven Schear