Bitcoin’s stupendous power waste is green, apparently — bad excuses for Proof-of-Work

Fri, 1 Jun 2018 23:55:56 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://davidgerard.co.uk/blockchain/2018/05/22/bitcoins-stupendous-power-waste-is-green-apparently-bad-excuses-for-proof-of-work/>

"So … did you know that Bitcoin using 0.1% of all the electricity on
earth, and 0.5% by the end of the year, is good?"

More reasons to stay away from the Bitcoin madness. Proof-of-work just
doesn't work.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

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