Ninjastic
Home
Search
Users
Boards
Addresses
Ctrl + K
Toggle theme
Open menu
Post
Edited versions
Quotes to this post
Post
124302
Topic
8481
Board
Bitcoin Discussion
Re: how much does it cost to "produce" 1 BTC currently? and how much power is used?
by
Grinder
on
16/05/2011, 23:43:04 UTC
Quote from: stakhanov on May 16, 2011, 01:33:49 PM
You're failing to take into account the electricity used by the people who
did not
generate a block.
No, they didn't. Most of the time nobody generates a block, so it's an average.