Post
Topic
Board Bitcoin Discussion
Re: Bitcoin needs to change to avoid the inevitable environmentalist backlash
by
inBitweTrust
on 02/10/2014, 12:02:55 UTC
But why fudge around the problem? Converting heat into power efficiently is one of science's great unsolved problems.

Read the links that I provided you. This has been discussed to death.

In short, ASIC's are 99.9% efficient at converting electricity to heat. Additionally, ASICs are very inexpensive to make if the initial investment, tape out , and testing costs are amortized over mass produced  consumer products instead of a few thousand miners.

If the economics don't continue to evolve in this direction to being greener we can change a few lines of code.