Post
Topic
Board Economics
Re: Energy Consumption of the Bitcoin Network
by
brenzi
on 04/07/2014, 11:15:05 UTC
Technology stills evolving, more efficient mining hardware will appears, adding that not only Bitcoin has energy consumption problems, the rest of the world needs now alternative clean forms of energy that i believe are being researched so hard right now...

Besides, current prices are too low, some things would be different if Bitcoin goes to the thousand again...


Efficiency of mining hardware has no effect on energy consumption of the network. It only drives difficulty.