it is very predictable what would happen. more and more miners would be built and hooked up to super low cost energy up until the point where the price of the asic could never get return on investment because the difficulty was so high.
reply
A lot of interesting points are brought up in this article, especially the possibility of payment networks such as Visa/SWIFT utilizing Bitcoin for transactions, which I have never thought about before. Difficulty would no doubt go up, and since fees would be so low, there may not much incentives to invest in dedicated Bitcoin mining hardware for the average person, and therefore only serious large scale operations might be the only ones to continue mining Bitcoin.
reply
Bitcoin is the key to all types of future energy production including remote & decentralized. Nukes will probably always be uber centralized and funded by involuntary taxes
reply