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News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
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MCStannard
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July 25, 2013, 05:56:35 PM
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wasthatawolf
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July 26, 2013, 01:24:04 AM
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I don't think incentives are aligned for that model to work.

Linking increasing volume to increasing fees would encourage people to keep transactions off the block chain.  Likewise, an increasing volume causing a decrease in block reward would discourage mining the more popular the currency becomes.
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July 26, 2013, 12:18:08 PM
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how much joule is an hour of programming?  Huh

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Ekaros
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July 27, 2013, 10:18:47 AM
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how much joule is an hour of programming?  Huh

0.0053~ seconds

That is for daily energy consumption of programmer, with 8 hours of work.

Then there is needed hardware, living space, training, upkeep cost and so on.

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Adrian-x
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August 02, 2013, 06:57:05 PM
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FTFU

Money Is the Perceived Value of Energy Productivity ; Currency Is the Perceived Value Measure of Economical Potential which is wholly dependent on Energy

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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