Post
Topic
Board Bitcoin Discussion
Re: Bitcoin already using too much power by 2020?
by
MicroGuy
on 05/04/2016, 15:42:46 UTC
I just stumbled upon this article that claims Bitcoin could be consuming as much energy as Denmark by 2020  Shocked Since I gave up mining in 2014, I've almost forgotten just how much electricity goes into making Bitcoins. This got me wondering whether the devs are already working on a solution to this problem. Anyone knows what the plan is?

http://inhabitat.com/power-hungry-bitcoin-could-consume-as-much-energy-as-denmark-by-2020/



We are very close to solving this problem. The new scheme basically randomizes the block reward and equalizes the playing field. Wink

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Let's make cryptocurrency great again!