Re:Do we really need to run a power station just for Bitcoin?
by ars on Tuesday November 19, 2013 @12:19PM
(#6762646)
> future power consumption per GH/s to go down.
But you'll need more hashes, so it'll go back up.
The current price of a bitcoin is almost exactly equal to its energy cost, and that's not going to change because if the price was higher people would spend more energy, if lower people will cut back.
But you'll need more hashes, so it'll go back up.
The current price of a bitcoin is almost exactly equal to its energy cost, and that's not going to change because if the price was higher people would spend more energy, if lower people will cut back.