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A comment on Blockchains Considered Harmful: Is Brute-Force Processing Replacing Good Design?. Parent comment

Re:Blockchains Considered Harmful: Is Brute-Force Processing... by TheSpiceIsLife on Wednesday November 01, 2017 @08:49PM (#15606915)
Do you have numbers to support this. Because, as they say in the industry: if all we have is opinions, let's go with mine.
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Re:Blockchains Considered Harmful: Is Brute-Force Processing... by grondilu on Wednesday November 01, 2017 @09:29PM (#15607117)
It has to be, otherwise there is an arbitrage opportunity : hydroelectric power is the cheapest there is.
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Re:Blockchains Considered Harmful: Is Brute-Force Processing... by TheSpiceIsLife on Wednesday November 01, 2017 @09:37PM (#15607151)
Well, I hadn't really looked in to it before, but a bit of a search proves your both right.

Forbes says "The largest share of the miners are located in China, close to the border with Tibet where cheap hydropower is relatively abundant."[1]

1.https://www.forbes.com/sites/peterdetwiler/2016/07/21/mining...

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