Bitcoin's Environmental Problem:

Bitcoin's Environmental Problem

Bitcoin's Environmental Problem:

Problems with this paper – First distributive computing project such as [email protected] actually help the environment, even if the participating computers are left on 24/7. This is because it minimizes the need for the research team to have a dedicated supercomputer run 24/7 that would take dedicated hardware. While it only saves a little bit in direct electricity use, it is much more efficient in the sense that you do not need to manufacture more dedicated hardware. (along with all the chemicals used in making electronics) This is a very, very good thing. Please do not try to discourage its use. Second, you do not give enough information to calculate an operating margine of 56.53% or you made a math mistake as $157,000/204,219 = 76.87% Third, the point: “Furthermore, when the cost of finding a Bitcoin starts to outweigh the relative cost of a Bitcoin, what then?” Is unfounded. Just l...

Full article: http://cleantechnica.com/2013/04/19/bitcoins-environmenta...

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@danielerasmus » 26 Apr '13, 3pm
Bitcoin’s Environmental Problem [link] via @newsconsole
@AllThingsBTC » 21 Apr '13, 3am
RT @MrEnergyCzar: Bitcoin's Environmental Problem | CleanTechnica [link] via @cleantechnica
@MrEnergyCzar » 21 Apr '13, 3am
Bitcoin's Environmental Problem | CleanTechnica [link] via @cleantechnica
@lattesc » 19 Apr '13, 8pm
Bitcoin's Environmental Problem: Unlike gold, however, mining for Bitcoins is a mathematical process conducted... [link]
@ManifestStefany » 19 Apr '13, 6pm
Bitcoin's Environmental Problem: Bitcoin, for the uninitiated, is “a digital currency which was first describe... [link]
@CassiBlazeBlog » 19 Apr '13, 6pm
New Post Bitcoin's Environmental Problem: Bloomberg, which originally made this story into headline news, unsu... [link]
@CassiBlazeBlog » 19 Apr '13, 9am
New Post Bitcoin's Environmental Problem: Bloomberg, who originally made this story into headline news, unsurp... [link]
@EarthKnowledge » 19 Apr '13, 8am
Alternative Energy: Technology: Bitcoin’s Environmental Problem: Filed under: Energy News [link]
@GroenWerkt » 19 Apr '13, 8am
#ea energy Bitcoin’s Environmental Problem #mlfeeds: Filed under: Energy News [link]
@RenewableSearch » 19 Apr '13, 8am
Bitcoin’s Environmental Problem: Filed under: Energy News [link] #alternative #energy
@cleanlantern » 19 Apr '13, 8am
Bitcoin’s Environmental Problem: Filed under: Energy News [link]
@Kf_Lenz » 19 Apr '13, 8am
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@DesiPerm » 19 Apr '13, 7am
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@zshahan3 » 19 Apr '13, 7am
Bitcoin’s Environmental Problem [link] on @cleantechnica
@TotalVac » 19 Apr '13, 7am
Clean Green Alert: Bitcoin’s Environmental Problem: The world of environmental problems is bad enou... [link]
@cleantechdeals » 19 Apr '13, 7am
[Clean Technica] Bitcoin’s Environmental Problem: The world of environmental problems is bad enough... [link]
@webspacecraft » 19 Apr '13, 7am
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@GuglielminaD » 19 Apr '13, 7am
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@diy_energy » 19 Apr '13, 7am
Bitcoin’s Environmental Problem: The world of environmental problems is bad enough without adding d... [link]
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Bitcoin’s Environmental Problem [link]
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Bitcoin’s Environmental Problem [link]
@opean » 19 Apr '13, 7am
Bitcoin’s Environmental Problem: The world of environmental problems is bad enough without adding d... [link]