Post
Topic
Board Speculation
Re: When will bitcoin hit 252,000 USD?
by
BurtW
on 26/08/2014, 02:46:00 UTC
^^^ Very good post notme.

Both of which are why your "estimates" would better be described as "upper bounds" for the portion of energy production used.
Yes that would be a better term.

Rising energy costs will bring down the amount of power the Bitcoin network can afford.