Bitcoin... Destroying the planet

Steven Schear schear.steve at gmail.com
Thu Dec 7 16:12:41 PST 2017


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 at 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
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