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Author Topic: Britain's electricity prices skyrocketed! (b/c of Bitcoin obviously)  (Read 1245 times)
zhalox
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June 08, 2011, 12:49:04 AM
 #1

Just saw this moments ago...

http://www.telegraph.co.uk/finance/personalfinance/8562207/Millions-of-households-face-record-high-energy-bills.html

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mewantsbitcoins
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June 08, 2011, 12:50:48 AM
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cuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuunnnnnnnnnts!!!!!!!!!!
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June 08, 2011, 05:05:22 PM
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Just wait until this happens in America, Obama won't be happy (large scale mining isn't exactly environmentally friendly)...

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June 08, 2011, 05:21:48 PM
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drop, meet bucket.
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June 08, 2011, 06:33:54 PM
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Just wait until this happens in America, Obama won't be happy (large scale mining isn't exactly environmentally friendly)...

They can always try mining, or charge your electricity bills in bitcoins.

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June 08, 2011, 06:54:28 PM
 #6

I don't think Bitcoin has anything to do with it.
There are like, what, a few thousand miners in the UK?
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June 08, 2011, 07:43:25 PM
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I don't think Bitcoin has anything to do with it.
There are like, what, a few thousand miners in the UK?

It might very well be Bitcoin. Electricity market doesn't usually see high fluctuations, so a systematic change like Bitcoin will push prices up.
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June 08, 2011, 08:25:32 PM
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I don't think Bitcoin has anything to do with it.
There are like, what, a few thousand miners in the UK?

It might very well be Bitcoin. Electricity market doesn't usually see high fluctuations, so a systematic change like Bitcoin will push prices up.

Lol there is absolutely 0% chance this is due to bitcoins. Like not even in the ballpark of material energy increase.
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June 08, 2011, 08:30:28 PM
 #9

I don't think Bitcoin has anything to do with it.
There are like, what, a few thousand miners in the UK?

It might very well be Bitcoin. Electricity market doesn't usually see high fluctuations, so a systematic change like Bitcoin will push prices up.

Lol there is absolutely 0% chance this is due to bitcoins. Like not even in the ballpark of material energy increase.

In the future when every household is mining it'll be possible...  Grin

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