spendabit (OP)
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Spendabit is a search engine for Bitcoin
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March 31, 2016, 11:39:21 PM |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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Indrawan77
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March 31, 2016, 11:56:09 PM |
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As we know earning butcoin through mining is consuming extra electricity, but this is the era of technology, in future when technology is more advanced, the electricity consumption will become bigger and bigger, so its a good idea for government to start to think a way to increase the electrcity capacity
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Punk2000
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April 01, 2016, 12:00:22 AM |
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Some Cloud Mining service (HashFlare, Genesis Mining, etc) use "green energy", so maybe other major mining companies should use it in near future...
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7788bitcoin
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April 01, 2016, 12:56:51 AM |
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In order to get more from mining, the experts are thinking of all possible ways of obtaining cheap (and hopefully sustainable) energy. On the bright side, this might be another driving force for scientists to push for breakthrough in energy research.
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West man
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BetcoinRakeback.com
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April 04, 2016, 09:01:59 PM |
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Some Cloud Mining service (HashFlare, Genesis Mining, etc) use "green energy", so maybe other major mining companies should use it in near future...
They say green energy but really it is not. It is just a branding that does not have any backing to scientifically prove that it is. It is just a way for companies to get government funding for being green, that is all really.
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[/tr
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odolvlobo
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April 04, 2016, 09:41:29 PM |
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Last year, 100 million oz of gold worth about $100 billion were mined. Compare that to the 1.31 million bitcoins worth about $525 million that were mined.
The amount of energy and other resources spent on mining gold dwarfs that of bitcoin by a huge factor. Shouldn't we be more worried about gold mining instead?
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Join an anti-signature campaign: Click ignore on the members of signature campaigns. PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
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spendabit (OP)
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Spendabit is a search engine for Bitcoin
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April 04, 2016, 10:08:12 PM |
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Some Cloud Mining service (HashFlare, Genesis Mining, etc) use "green energy", so maybe other major mining companies should use it in near future...
They say green energy but really it is not. It is just a branding that does not have any backing to scientifically prove that it is. It is just a way for companies to get government funding for being green, that is all really. I think I saw some episode of American Greed where the guy was literally making up "green energy credits" and selling them to companies for a fortune. He got caught after he got greedy (and away with millions)... it's a bogus system. https://spendabit.co/go?q=green+energy
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Alley
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April 04, 2016, 11:41:28 PM |
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Who cares? Is Denmark the world standard for power consumption? Why is this a story?
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The Sceptical Chymist
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Cashback 15%
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April 04, 2016, 11:45:46 PM |
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I'd like to see a cure for cancer before I see a solution to the energy-wasting character of bitcoin. Or at least some good, new treatments.
As to the OP's question: Yes, I'm sure the electricity situation will get there. Denmark isn't in danger though. But we're all in danger to one degree or another.
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Jet Cash
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https://JetCash.com
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April 05, 2016, 01:44:06 AM |
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I'm surprised that water cooled mining rigs haven't been developed yet. That way the heat from running the rigs could be used to generate electricity. That should reduce the net consumption a bit.
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Offgrid campers allow you to enjoy life and preserve your health and wealth. Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars. My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
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Hirose UK
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April 05, 2016, 01:51:45 AM |
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As we know earning butcoin through mining is consuming extra electricity, but this is the era of technology, in future when technology is more advanced, the electricity consumption will become bigger and bigger, so its a good idea for government to start to think a way to increase the electrcity capacity
that's right. I think using a new creative tech that doesn't break nature to increase electricity capacity, you know, kind of great idea. so even miners need big power consumption, it will be no longer an issue
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