(I think this should go in mining)
There has been a lot of talk on this. Quite a few good papers
https://karlodwyer.github.io/publications/pdf/bitcoin_KJOD_2014.pdfFrom this paper:
"Bitcoin mining is comparable to Irelands electricity consumption".
As bitcoin grows the amount of energy on the planet is not increasing. Anyone who understands the article, it seems very legitimate to me, discuss, Yes, I realize the miner wants to reduce cost & cut waste. Therefore they may seek alternative forms or desire to do so. Yes, I read about the Hydrofarmer on this very forum. It is just not the norm with all the major miners around the planet. Proof of work is expensive.
https://en.bitcoin.it/wiki/Proof_of_work**Title was sarcastic. But it is still something to think about?
Does that mean as the world's population grows there'll be less energy per each of us? Or just for the Irish?