Re: Bitcoin to use 0.5% of world’s electricity by end of 2018
Quote
The estimates, based in economics, put the minimum current usage of the bitcoin network at 2.55 gigawatts, which means it uses almost as much electricity as Ireland. A single transaction uses as much electricity as an average household in the Netherlands uses in a month. By the end of this year, he predicts the network could be using as much as 7.7 gigawattsas much as Austria and 0.5% of the worlds total consumption.
https://www.livemint.com/Money/3wU3b1IuMYZTl47zYkkcmN/Bitcoin-to-use-05-of-worlds-electricity-by-end-of-2018.html
With mining facilities looking to be more and more electrically efficient with the coming years, I feel they will be pushing our electrical technology to tiers that will help us on a global scale.
Yeah this is good for crypto, it proves ppl are start interesting about bitcoin or other crypto.
And also the miners is keep increasing the price of VGA cards and make it rare.
it's really hard to find nvidia 1080 in my country with a logic price and the stock is almost always 0
