You are viewing a single comment's thread from:

RE: Never could've forseen this

in #bitcoin7 years ago

I feel like this is a google placed advert; I was just on Youtube because i was watching silver related videos like a minute before I saw this. Either way electricity production will go up at the same trajectory as consumption if not higher. Supply and demand. There are lots of ways to make electricity.
I agree about owning silver but this was obviously an advert for once specific over spot value coin.

Sort:  

No doubt there's some silver peddling associated with the video, but I'm still stunned at the amount of electricity projected to produce a coins. Does anyone know the current amount of electricity in kwh to produce a coin at this time?

Update, here's a link to one of the stories referenced in the video.

https://powercompare.co.uk/bitcoin/

it's no lie that given enough time and inevitable increase in mining power, that eventually bitcoin network and other cc's could use up to 50-60% of all eletricity production.
But not to worry. Lots of innovation in reknewable mining. there is no other option

Coin Marketplace

STEEM 0.20
TRX 0.25
JST 0.038
BTC 96601.54
ETH 3445.82
USDT 1.00
SBD 3.09