Bitcoin mining POW the truth


Bitcoin Q&A: Energy consumption


Basically since most energy produced is usually lost( due to the fact energy can't be stored efficiently or storing energy costs more than making more energy itself ) bitcoin mining gives another use for this energy preventing it from being wasted and giving it value. It also will force miners to use renewable resource because nonrenewable resource will keep on getting expensive. In fact here are already solar bitcoin farms. Yes not the best but the stats saying bitcoin mining is completely wasteful is not true.


Comments 7


Write more about Bitcoin. I will translate through Google and read)))

25.12.2017 23:45
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Are you an english speaker?
My main blog is https://steemit.com/@sames
I went to golos.io to avoid flags sorry i'll try to post here but my main focus on writing is steemit.

25.12.2017 23:54
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No. I do not have a Steemit account. I use the online translator. I'm interested in information about Bitcoin. HODL.
I'll sign up for steemit tomorrow

26.12.2017 00:09
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golos.io is a fork of steemit; It is created for the russian community.
Follow me at https://steemit.com/created
For russian community golos.io is better steemit is mostly english

26.12.2017 00:13
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But i'll repost my posts in steemit to golos.io but you will have to resteem them :)

25.12.2017 23:56
0