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Re:Filecoin Suspends ICO After Raising $186M in One Hour by hendzen on Friday August 11, 2017 @08:06AM (#14988764)
See this prescient article, written in 2013: http://blog.gardeviance.org/2013/11/a-spoiler-for-future-bit...
Re:Filecoin Suspends ICO After Raising $186M in One Hour by duckingtest on Friday August 11, 2017 @08:05PM (#14995465)
POW can't work at these scales. At $250k/btc mining would burn something close to the equivalent of New Zealand's GDP. As this would be purely electrical energy, energy use alone would be equivalent to that of Spain or similarly sized country.