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Topic: [2016-10-18] Antonopolous: Solar Bitcoin Mining Doesn't Reduce Marginal Costs (Read 398 times)

member
Activity: 110
Merit: 10
The Commercial Real Estate Coin
Wind trees are an emerging technology that could help reduce electricity costs.

https://www.youtube.com/watch?v=UOp7hYwObA4
legendary
Activity: 1904
Merit: 1074
Solar energy will reduce the cost, but the difficulty will just increase once everyone is doing it, and then we would need more hashing

power and more electricity... so it's the vicious cycle continuing in a circle. What this will do, is to get the Green Peace supporters off our

ass. The fact is, we still use less electricity than our competitors... The traditional fiat banking sector.  Roll Eyes
full member
Activity: 210
Merit: 100


Over the past 12 months, the rate of solar energy conversion has grown at such a rapid rate that some countries like Chile have begun to distribute it for free. An increasing number of miners and bitcoin enthusiasts have expressed their concerns with regard to the potential drop in marginal costs of bitcoin mining due to the increasing abundance of renewable energy...

Read more here:

https://btcmanager.com/news/tech/antonopoulos-solar-bitcoin-mining-doesnt-necessarily-impact-marginal-costs/









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