Viewing profile — CryptoUnchained

The reason Proof of work is set apart from its POS clones is because the inflation/emission brought to market every day has real costs to obtain... Fiat being printed cost 1% of it…

I disagree, sunk cost fallacy and just plain miners needing to ROI their equipment, facilities, and energy costs sets a base psychological minimum price that is rising every year a…

You are speaking in absolute terms. It goes against all logic that new technology wouldn't be funded by dumping energy into bitcoin mining. Simple logic.. Billions of dollars in mi…

Which is why Bitcoin isn't really considered a currency anymore. It's purely a digital asset, something like gold, a store of value and reserve currency used by large institutions.…

2 things are about to happen in the bitcoin space. The size of transistor in the bitcoin miners is hitting a wall. The bitcoin market will either drive alternative energy efficienc…

Wastes enormous amounts of energy... The energy is literally being stored in the value of bitcoin. It's an energy credit. People are transforming excess electricity into bitcoin. P…

The nonce-calculations are what makes bitcoin an energy credit. It's why it's a valuable digital asset and commodity. If it cost ZERO dollars to create bitcoin it would just be fia…

You're so angry about the greenhouse gases that you're completely missing the logic behind an energy currency. You complain that the energy and dollars are spent speculating becaus…

1. Bitcoin mining is a race to cheap power, it's of course going to lead to more efficient power delivery technologies. Excess energy being created by hydrodams is being sold to fu…