It's a simple demand/supply quiz. If electricity usage goes up, so does the price.
Then miners will have the incentives to find cheaper sources, like solar power.
That will boost the development in the southern countries.
Everyone wins!
Then miners will have the incentives to find cheaper sources, like solar power.
That will boost the development in the southern countries.
Everyone wins!
Solar power isn't cheap.
You need the space and the materials to build it.
Okay, so we determine we only need the entire Nevada desert to supply the mining requirements with solar power..
but what about the month after? We will need twice the room
And the month after that, we'll need 4 times the room..
See what I'm saying? It's the doubling that fucks us
eventually the entire sun will not be able to keep up with the mining growthWe've got Africa, Central America and Asia, so for the near future we're covered.
When BTC price hits 1mln then space stations will be built to better utilize the lights of other galaxies.
