[chbot] Bitcoin etc.
Mark Atherton
markaren1 at xtra.co.nz
Sun Jul 1 21:14:43 BST 2018
Just discovered this
http://www.nybooks.com/articles/2018/01/18/bitcoin-mania/
"By the end of 2016, a single mining facility in China was using over
half the estimated power used by all of Google’s data centres worldwide
at the time"
"estimates that it costs his company around $400 in electricity alone to
mine each bitcoin. That’s because bitcoin mining is not only
computationally intensive, it is energy-intensive. By one estimate, the
power consumption of bitcoin mining now exceeds that of Ireland and is
growing so exponentially that it will surpass that of the entire United
States by July 2019"
Please, somebody shoot these numbers down, this is completely nuts...
- Mark
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