Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3...
by beefield on Thursday February 18, 2021 @11:35AM
(#26181955)
You miss the fact that what bitcoin does is a tiny fraction of what banks do.
I mean, how do you do for example mortgages or corporate finance with bitcoin - without hiring all the people and using all the resources current financial system does?
Frankly, more proper comparison would be the resource consumption of using gold in the financial system.
I mean, how do you do for example mortgages or corporate finance with bitcoin - without hiring all the people and using all the resources current financial system does?
Frankly, more proper comparison would be the resource consumption of using gold in the financial system.