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Re:Bitcoin still makes no sense by sesuximo on Saturday December 05, 2020 @08:37PM (#25320157)
I don’t think any of these things come close to paying for the energy cost Bitcoin used circa 2018 (I haven’t looked recently — has it decreased?). And that cost would skyrocket if everyone used it day to day
Re:Bitcoin still makes no sense by beaner on Saturday December 05, 2020 @08:49PM (#25320243)
I have commented on this elsewhere but because energy is not just a cost for bitcoin mining but essentially the only cost outside initial capital investment, Bitcoin's POW will in the long-term drive all mining to off-grid self-power by renewables.