Post
Topic
Board Bitcoin Discussion
Re: BTC less efficient than Visa
by
Birdy
on 13/08/2013, 22:14:09 UTC
See above, tell me i'm wrong Grin

Alright. You are wrong.
There did it.


Quote
An extremely profitable business.  Bitcoin miners will continue mining until it costs .99 BTC to mine one, until they waste as much energy as the value of the bitcoin they mine.  Hilarious, no?
That's a deliberate plan, it's supposed that miners just gain enough to keep on mining.