MarkPrince - BTC is anti environmental, anti green
 

https://digiconomist.net/bitcoin-energy-consumption

Electricity consumed per transaction (KWh) 249.00

BTC is 100% anti green. And to the shocking levels. 249 KWh per transaction :eek7

I read that. Insane how much power it uses. Majority of which is coal fired.

Ok all in this article is true and explains the price of bitcoin. because in reality the price is nothing but the operating cost of maintaining the network - so it is a real power energy. (ignore cost of gpus and internet access) Some day it will go down for fuck. in real.

What are your costs when you keep your money in your pocket? ZERO electric power. Even maintaining a banking system is not power-hungry as millions of computers in the world - which dig the currency and transactions. ( and to be clear most of this computers are in china)

of course, as the network grows, power consumption will rise as well as the price - like 20,000? 40,000. 60,000. maybe 100,000 but bitcoin's currency does not represent anything, no one wants to pay it and will not pay for one reason, why should I pay the currency that grows 100% during the week of the day or hour?

edit:
AntPool — 17.82%
DiscusFish/P2Pool — 16.49%
BTC China Pool — 13.74%
BW Pool — 7.68%

total over 55% all in china. (data from 2015)

Ran across this yesterday: https://arstechnica.com/tech-policy/...ion-explained/

40 amp breakers and thick ass copper and 30 miners would still pop breakers

120kg of co2 released in to the air per transaction...I read somewhere that it will consume more than mankind in a few years if this continues...

Impending doom!

But what if I invest my millions of bitcoins into solar energy?

did you find free solar panels? on the potato field?