Post
Topic
Board Bitcoin Discussion
Re: Bitcoin needs to change to avoid the inevitable environmentalist backlash
by
monsterer
on 02/10/2014, 17:58:58 UTC
Bitcoin miner is a perfect money printing machine.  Electricity goes in, money goes out.  This simple fact overwhelms everything else, and ensures that Bitcoin will always use a lot of electricity.

If bitcoin always uses proof of work, then you are correct because proof of work will always use a lot of electricity.