Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Torque
on 09/11/2017, 15:25:46 UTC
Ms Kaminska writing lovely things about the Honey Badger as usual

https://www.ft.com/content/c166aa1e-c303-11e7-a1d2-6786f39ef675

Quote
And even if all that were possible, none of it changes the fact that if bitcoin’s primary use is for speculation rather than transaction, the energy wastage serves very little constructive social purpose at all.


energy wastage is heating my house, my mistresses' houses, the office ...

energy from Chinese, Siberian, Canuck dams would be wasted if not used for mining

that girl needs a good somethinging

Light Pollution in the U.S. alone: 120 terawatt-hours/year

Bitcoin Network: 11 terrawatt-hours/year (??)

CERN Hadron Collider:  1.3 terrawatt-hours/year