Re: Do you think "iamnotback" really has the" Bitcoin killer"?
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I was referring to Jim Rickards' prediction that the elite will shut down the financial system for a period of time. I am saying that if that period of time is of sufficient duration that BTC can't be exchanged for fiat to pay for electricity, then mining farms have to shut down.
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I was referring to Jim Rickards' prediction that the elite will shut down the financial system for a period of time. I am saying that if that period of time is of sufficient duration that BTC can't be exchanged for fiat to pay for electricity, then mining farms have to shut down.
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Total bullshit
man now there are projects like 2k Wat solar power + miner:http://www.bimblesolar.com/bitcoinsolar - ta da and NOMORE PROBLEMS WITH POWER
you can mine forever and have 0 costs why we need rise hash power all time ?
When hash power will drop 10x because of costs, BTC will saty same BTC just miners will be fired that is all.