Post
Topic
Board Economics
Re: The Moneyless Man
by
Invictus
on 09/01/2013, 12:23:53 UTC
LOL wut?

Bitcoin is a 400 Megawatt waste of energy.

Do you even know what a Megawatt is?

He does not, probably, but I do: It is a measure of effect. You can convert it to horsepowers if you like. It is work (or energy) per time unit.



Yes I do.  Roll Eyes
400 megawatt hours (excuse me)  Roll Eyes
Huge waste of energy compared to the little transactions and users.

So where exactly is the solution to reconnecting enviroment and economics my fellow physicists smartpants?

So you corrected 400 MegaWatts to MegaWatt Hours??? I stand correted you don't know your units.

What is the correct unit mr. future nobel prize winner?

I don't know where you buy your power, but I have to pay for kilowatt hours and 400 MWh is the correct unit if you want to calculate the CO2 emissions, price, etc. easily.

So where exactly does the enviroment benefit?  Roll Eyes