Saying that Bitcoin could change the code and use less energy is simply wrong, it cannot and it would be worthless without the energy. Without the energy consumption the fair value exchange is broken and Bitcoin becomes a perpetual motion system, maybe that works for games and DeFi. For the problems Bitcoin fixes, energy is required because without it the tenets of Bitcoin (decentralized, permissionless, censorship resistant, neutral, and open) all collapse when energy is removed from the equation.
How did Germany go from one of the most advanced nations on earth to fearing wide-spread power outage, supply shortages, and economic devastation? Find out why the grass is always green on the other side when it comes to climate change policies.
Monthly News Letter • August 2022 This month’s news letter summarizes five highlights from the recent Mining Disrupt conference. Mining Disrupt was held July 26… Read More »Exclusive look into the Mining Disrupt Conference
Monthly News Letter • April 2022 Bitcoiners from all around the globe flocked to Miami, FL during the first week of April to attend the… Read More »Bitcoin2022 and Five Reasons Mining Has Never Been Hotter
This guide will show you how to use less than $150 in commonly available materials to build an ASIC enclosure that can attenuate the noise by 20dB.