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Found 3 results

  1. Guys would like to hear from you about experiences with alternative energy for BTC mining, why BTC, because Bitcoin knows that the difficulty today is high, because of the big miners, from ASICS, but for an ordinary user who uses a rig for example about 8 gpus is worth it to invest in alternative energy such as sunlight, or other than conventional to mine? Leave your opinion or those who mine and use some kind of alternative energy leave your experience here in this topic, it will be welcome. Hugs
  2. There's one fundamental aspect people are missing here. Bitcoin runs on energy... It's value currently is limited by the cost of electricity. In 40-60 years you will see the cost of energy spike up, then drop significantly in the second part of this century due to the low cost of fusion energy production (high overhead/low cost per watt). As the cost of energy reduces, the economics of Bitcoin will solely rely on their rarity and utility. Since bitcoin is currently the easiest to use and most established crpyto-currency. We could see it go one of two ways, collapse-people just stop using it or extreme growth. If we sustain the journey into cheap energy costs, you could see bitcoin become the go to currency for everyone. Banks are already trying to limit cash currency because it's easy for malicious actors to forge notes. However, you cannot forge crypto-currency. So my prediction is 2020 will not see much change. But, you could find that bitcoin will be essential store of value worldwide in 2050+ a shit ton can happen until then, but for now, i don't see it is going anywhere. Your safest bet is to buy up and store small amounts of btc over a period of time to save for some rainy day just in case. But don't bet your life on it.
  3. Now Bitcoin is facing another challenge from Climate Change Commission that its using more energy then many countries which is big danger for this earth. Its well established that a Bitcoin is required a huge amount of Electercity used by miners around the world running the hardware necessary for maintain the network and validate the payments. What is your thoughts about this issue.
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