When someone mentions the BTC energy problem, point them here

#1

Post by kinnth » Mon, Oct 18, 2021, 11:25 AM UTC

When someone mentions the BTC energy problem, point them here
cbeci.org

Re: When someone mentions the BTC energy problem, point them here

#2

Post by CodingPanda42 » Mon, Oct 18, 2021, 11:51 AM UTC

100 TWh per year? That is more than I thought it would be, surely if anything this supports the argument of people mentioning the BTC energy problem.

I suppose it also depends on how that energy is sourced, if it were to only use excess solar it's different than taking old coal mines back online

Re: When someone mentions the BTC energy problem, point them here

#3

Post by kinnth » Mon, Oct 18, 2021, 1:08 PM UTC

CodingPanda42 wrote: post #2

100 TWh per year? That is more than I thought it would be, surely if anything this supports the argument of people mentioning the BTC energy problem. I suppose it also depends on how that energy is sourced, if it were to only use excess solar it's different than taking old coal mines back online

I think when you look at it compared to the other systems (gold, banking) it is comparable for the amount of value that is moved.