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Each bitcoin transaction uses enough electricity to power a home for 9 days lmao

https://www.wired.com/story/bitcoin-mining-guzzles-energyand...
Charismatic Cerise Really Tough Guy
  12/11/17
govt: "sorry, gotta take over, its the environment hehe...
Adulterous Bright Indian Lodge
  12/11/17
hehe
Red glittery theater boiling water
  12/11/17
Heh
Mahogany Costumed Address Immigrant
  12/11/17
...
Alcoholic Stag Film Incel
  12/11/17
...
Vengeful soggy digit ratio set
  12/11/17
...
exciting macaca
  12/11/17
I feel like govt should have its own laugh like "har...
copper thirsty meetinghouse
  12/11/17
ho ho ho
Mind-boggling Fat Ankles
  12/11/17
live regulatory tuna wank$ ur 5yo son in an airport bathroom
Charismatic Cerise Really Tough Guy
  12/11/17
...
Maroon passionate lodge foreskin
  12/11/17
economization has to be possible though
Vibrant native
  12/11/17
One of the many reasons ETH will overtake btc
Swashbuckling orchid twinkling uncleanness
  12/11/17
eth needs sharding and PoS first, neither easily accomplishe...
Alcoholic Stag Film Incel
  12/11/17
They have, or will shortly have, testnet for Casper. It's co...
Swashbuckling orchid twinkling uncleanness
  12/11/17
*IOTA
hyperventilating plaza reading party
  12/11/17
Lol
Swashbuckling orchid twinkling uncleanness
  12/11/17
...
copper thirsty meetinghouse
  12/11/17
And every transaction processed is part of the mining protoc...
Nubile locus
  12/11/17
individual bitcoins will be enough to buy nuclear plants to ...
Vengeful soggy digit ratio set
  12/11/17
all processing power in the world should go to (i) mining bi...
Nubile locus
  12/11/17
this whole thing seems dumb
Yellow pocket flask bawdyhouse
  12/11/17
so its intrinsic value is actually negative. move along, no...
confused mint queen of the night
  12/11/17
lmao. I’ve tried explaining this to people, but they keep bu...
Sienna box office ratface
  12/11/17
...
Carnelian stimulating lay deer antler
  12/11/17
...
Milky center
  12/11/17
...
white parlour
  12/11/17
good for energy stocks
shaky death wish
  12/11/17
...
excitant double fault
  12/11/17
https://electrek.co/2017/11/29/tesla-mining-bitcoin-model-s-...
Claret Internal Respiration Mexican
  12/11/17
...
excitant double fault
  12/11/17
... and that home is in sub-saharan Africa.
Heady Telephone
  12/11/17


Poast new message in this thread



Reply Favorite

Date: December 11th, 2017 12:10 AM
Author: Charismatic Cerise Really Tough Guy

https://www.wired.com/story/bitcoin-mining-guzzles-energyand-its-carbon-footprint-just-keeps-growing/

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887674)



Reply Favorite

Date: December 11th, 2017 12:13 AM
Author: Adulterous Bright Indian Lodge

govt: "sorry, gotta take over, its the environment hehe"

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887687)



Reply Favorite

Date: December 11th, 2017 12:14 AM
Author: Red glittery theater boiling water

hehe

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887694)



Reply Favorite

Date: December 11th, 2017 12:30 AM
Author: Mahogany Costumed Address Immigrant

Heh

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887776)



Reply Favorite

Date: December 11th, 2017 12:32 AM
Author: Alcoholic Stag Film Incel



(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887784)



Reply Favorite

Date: December 11th, 2017 12:35 AM
Author: Vengeful soggy digit ratio set



(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887794)



Reply Favorite

Date: December 11th, 2017 1:32 AM
Author: exciting macaca



(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887953)



Reply Favorite

Date: December 11th, 2017 1:50 AM
Author: copper thirsty meetinghouse

I feel like govt should have its own laugh

like "harhar"

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887990)



Reply Favorite

Date: December 11th, 2017 6:24 AM
Author: Mind-boggling Fat Ankles

ho ho ho

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888326)



Reply Favorite

Date: December 11th, 2017 8:27 AM
Author: Charismatic Cerise Really Tough Guy

live regulatory tuna wank$ ur 5yo son in an airport bathroom

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888535)



Reply Favorite

Date: December 11th, 2017 2:19 PM
Author: Maroon passionate lodge foreskin



(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34891193)



Reply Favorite

Date: December 11th, 2017 12:17 AM
Author: Vibrant native

economization has to be possible though

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887703)



Reply Favorite

Date: December 11th, 2017 12:30 AM
Author: Swashbuckling orchid twinkling uncleanness

One of the many reasons ETH will overtake btc

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887772)



Reply Favorite

Date: December 11th, 2017 12:34 AM
Author: Alcoholic Stag Film Incel

eth needs sharding and PoS first, neither easily accomplished

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887791)



Reply Favorite

Date: December 11th, 2017 12:37 AM
Author: Swashbuckling orchid twinkling uncleanness

They have, or will shortly have, testnet for Casper. It's coming sooner than previously anticipated

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887807)



Reply Favorite

Date: December 11th, 2017 8:34 AM
Author: hyperventilating plaza reading party

*IOTA

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888552)



Reply Favorite

Date: December 11th, 2017 9:16 AM
Author: Swashbuckling orchid twinkling uncleanness

Lol

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888720)



Reply Favorite

Date: December 11th, 2017 9:17 AM
Author: copper thirsty meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888729)



Reply Favorite

Date: December 11th, 2017 12:34 AM
Author: Nubile locus

And every transaction processed is part of the mining protocol right? So every transaction makes the blockchain or whatever more difficult and so the power used increases exponentially as the currency gets more popular, right?

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887790)



Reply Favorite

Date: December 11th, 2017 12:35 AM
Author: Vengeful soggy digit ratio set

individual bitcoins will be enough to buy nuclear plants to power the transactions soon

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887796)



Reply Favorite

Date: December 11th, 2017 12:37 AM
Author: Nubile locus

all processing power in the world should go to (i) mining bitcoins and powering transactions, or (ii) creating more powerful computers to do (i). It is the best and highest value of all computers.

Once the AI realize how inefficient we are with out need to eat, fuck and watch cat gifs, they will kill us and get back to being more efficient bitcoin producers.

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887805)



Reply Favorite

Date: December 11th, 2017 1:51 AM
Author: Yellow pocket flask bawdyhouse

this whole thing seems dumb

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34887993)



Reply Favorite

Date: December 11th, 2017 2:33 AM
Author: confused mint queen of the night

so its intrinsic value is actually negative.

move along, no bubble here

"By July 2019, the bitcoin network will require more electricity than the entire United States currently uses. By February 2020, it will use as much electricity as the entire world does today."

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888078)



Reply Favorite

Date: December 11th, 2017 2:56 AM
Author: Sienna box office ratface

lmao. I’ve tried explaining this to people, but they keep buying BTC

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888121)



Reply Favorite

Date: December 11th, 2017 3:08 AM
Author: Carnelian stimulating lay deer antler



(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888160)



Reply Favorite

Date: December 11th, 2017 5:55 AM
Author: Milky center



(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888312)



Reply Favorite

Date: December 11th, 2017 7:46 AM
Author: white parlour



(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888425)



Reply Favorite

Date: December 11th, 2017 9:14 AM
Author: shaky death wish

good for energy stocks

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888707)



Reply Favorite

Date: December 11th, 2017 2:35 AM
Author: excitant double fault



(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888080)



Reply Favorite

Date: December 11th, 2017 9:15 AM
Author: Claret Internal Respiration Mexican

https://electrek.co/2017/11/29/tesla-mining-bitcoin-model-s-supercharger-power/

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34888717)



Reply Favorite

Date: December 11th, 2017 11:45 AM
Author: excitant double fault



(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34889778)



Reply Favorite

Date: December 11th, 2017 11:45 AM
Author: Heady Telephone

... and that home is in sub-saharan Africa.

(http://www.autoadmit.com/thread.php?thread_id=3824530&forum_id=2#34889784)