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"
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"
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
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
On Thu, 07 Dec 2017 16:19:23 -0800
g2s
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
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
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"
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
On Thu, 7 Dec 2017 16:12:41 -0800 Steven Schear
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
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
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)
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Edward Low
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g2s
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juan
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Steven Schear