Re:Bitcoin Energy Consumption Index
by inborn on Saturday August 26, 2017 @05:10PM
(#15107468)
did you mean price will go up? either way it doesn't offset that high cost of use, so if humans here still value efficiency they might find it worthwhile to switch tools.
[ Parent
| on HN ]
Energy usage rises if Bitcoins value grows. Miners are mining to get profit. If they will use energy and don't get profit, they will stop mining.
Other way round: energy usage will go up if price rises.