Is it actually possible for the power consumption needed to run bitcoin to get so high? Why would it ever use more power than the internet?
Bitcoin Mining on Track to Consume All of the World’s Energy by 2020
Adam Reed
Wyatt Stewart
It's just journalists being stupid.
Jace Howard
The bubble will have popped by then so that prediction is based on the wrong premise.
As for the reason why is because of dumb hashcash ending up being a centralization measure when it was intended to have the opposite effect.
Jack Wood
If you put the power cap at current production capacity it's possible for something like bitcoin to consume an equivalent to 2017's total world power production, no way bitcoin could consume all of the worlds energy that's impossible, It's still way overblown and still sensationalist news
Bentley Edwards
people are only willing to spend as much on power as it is profitable to mine
as long as the price keeps going up, it will use more power
when the price goes down, it will use less power, as it won't be profitable to mine
Carson Rogers
>Listening to whatever crap journalists write
Truly you have a thick skull
Leo Lewis
>listening to the media
i only listen to trump
Parker Gutierrez
this but unironicaly
Brandon Sanchez
Newsweek is a rag user. I get more accurate information from looking at toilet paper after running it through my ass crack.
Noah Jones
>hurdur let's extrapolate this tiny graph of the last couple of years without accounting for any other facts and just make dumb predictions based on that for clickbait