The Bitcoin Armageddon

[zimmah]

8000KW (present)
16000KW (in 2 months)
32000KW (in 3 months)
64000KW (in 4 months)
128000KW (in 5 months)
256000KW (in 6 months)
512000KW (in 7 months)
1GW (in 8 months)
2GW (in 9 months)
4GW (in 10 months)
8GW (in 11 months)
16GW (in 12 months)
32GW (in 13 months)
64GW (in 14 months)

So , let;s assume we have 8000TH , that's 4000 Cointerras

8000KW (present)           need to add another 4000
16000KW (in 2 months)    8000
32000KW (in 3 months)    16000
64000KW (in 4 months)    32000
128000KW (in 5 months)   64000
256000KW (in 6 months)   128000
512000KW (in 7 months)   256000
1GW (in 8 months)        512000
2GW (in 9 months)       1024000
4GW (in 10 months)      2M
8GW (in 11 months)      4M
16GW (in 12 months)     8M
32GW (in 13 months)     16M
64GW (in 14 months)     32M

So , in one month we'll have to produce 32 millions cointerra miners or equivalent.
I see a problem here. Cause that's the amount of Iphones Apple sells in 4 months.

Exactly this is the reason why I believe the difficulty will stop growing exponentially for a while, because the amount of ASICs they'd need to sell for the difficulty to rise that much is unrealisticly high.

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[VolanicEruptor]

It's a simple demand/supply quiz. If electricity usage goes up, so does the price.
Then miners will have the incentives to find cheaper sources, like solar power.
That will boost the development in the southern countries.
Everyone wins!  

Solar power isn't cheap.
You need the space and the materials to build it.
Okay, so we determine we only need the entire Nevada desert to supply the mining requirements with solar power..
but what about the month after?  We will need twice the room
And the month after that, we'll need 4 times the room..

See what I'm saying?  It's the doubling that fucks us    eventually the entire sun will not be able to keep up with the mining growth

Isn't there like a big useless desert in North Africa? The Sahara? Just fill it with solar panels completely.

but what will you do the month after?

[pand70]

Isn't there like a big useless desert in North Africa? The Sahara? Just fill it with solar panels completely.

I don't think that the desert is the best place for solar panels. I mean the environment there is very hostile and the landscape changes constantly.

[Ibian]

5 pages? Really?

The word is equilibrium.

[VolanicEruptor]

5 pages? Really?

The word is equilibrium.

if equilibrium applied to us that would be great
unfortunately humans are the biggest shit disturbers the world has ever seen.  We destroy balance..

[empoweoqwj]

5 pages? Really?

The word is equilibrium.

if equilibrium applied to us that would be great
unfortunately humans are the biggest shit disturbers the world has ever seen.  We destroy balance..

Yeah, humans don't do equilibrium. Nature attempts to do it for us but has a very hard job.