Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
d_eddie
on 15/09/2020, 18:46:55 UTC
This is actually what matters. Energy spent and not hash power as so many take as main metric of how secure bitcoin network is. Hash power keep increasing because better and better ASIC miners gets built. But if energy put into securing Bitcoin network stays same that means that no matter how high hash power will go the network is same secure as before.
This is only true if the same technology is available to all the players.

https://techcrunch.com/2020/09/15/ibm-publishes-its-quantum-roadmap-says-it-will-have-a-1000-qubit-machine-in-2023/

Bitcoin ded in 3 years!