The good point is that Bitcoin has upper limit of energy consumption (much lower that total world's energy consumption). This opens doors for estimating what that limit is. How much energy is fully global money worth?
The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:
Hash price might be at all-time lows, but I think people are missing the bigger picture: the #bitcoin network is getting close to fundamental constraints in energy infrastructure
If #bitcoin rips, network hash rate isn’t catching up anytime soon
The good point is that Bitcoin has upper limit of energy consumption (much lower that total world's energy consumption). This opens doors for estimating what that limit is. How much energy is fully global money worth?
сеть не сможет рости вечно. по трём причинам... электричество. производство оборудования для майнинга. время работы майнинг машины.
The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:
view on twitter.com