Topic: Bitcoin Is Unsustainable 6/29/2015 - I almost understand (Read 375 times)
Ya, I absolutely saw that - that was "our friend" the article mentioned. I will have to take a look at that. But it is 30 + pages long. Just so much information. I know there has to be some basic stuff I should look at. But, ready or not - diving in
welcome to bitcointalk.
i too interested in well written, knowledgeable stuff to follow. the signal to noise ratio for btc is near infinity:1 here on bitcointalk and not much better in the net in general.
my one comment on the above article (as a nobody) is i have read here that some btc mines are built near hydo power plants. and they can use excess power capacity that would otherwise be wasted. here is a good thread to read:
https://bitcointalksearch.org/topic/--1072474
its mainly about one mine in particular and not about sustainability, just about mining farms in general.
i too interested in well written, knowledgeable stuff to follow. the signal to noise ratio for btc is near infinity:1 here on bitcointalk and not much better in the net in general.
my one comment on the above article (as a nobody) is i have read here that some btc mines are built near hydo power plants. and they can use excess power capacity that would otherwise be wasted. here is a good thread to read:
https://bitcointalksearch.org/topic/--1072474
its mainly about one mine in particular and not about sustainability, just about mining farms in general.
Here is the article I am sure everyone has seen. It references a friend of this board as well:
http://motherboard.vice.com/read/bitcoin-is-unsustainable
If I wanted to better understand what this article was talking about where should I start? There are so many self proclaimed experts, forums, books, articles and "papers" it just confuses me. Google gives me millions of hits. Are there 2-3 people (or more) to follow here or on other sites? Is there anyone specific on youtube I should follow? There are a mind numbing amount of posts on this forum alone. I do not think I ever want to mine. However, I want to understand it and bit coin as technical as possible through my own effort & 'scope'. Is there a great class I could take? The year is 2016 - what are the top 5 places I should start? I will happily take more than 5 suggestions. However, I know your time is worth money and value it. So, I will take whatever you offer.
Is this article true, the one above? Or have a year later, close to the day we proved it false?
http://motherboard.vice.com/read/bitcoin-is-unsustainable
If I wanted to better understand what this article was talking about where should I start? There are so many self proclaimed experts, forums, books, articles and "papers" it just confuses me. Google gives me millions of hits. Are there 2-3 people (or more) to follow here or on other sites? Is there anyone specific on youtube I should follow? There are a mind numbing amount of posts on this forum alone. I do not think I ever want to mine. However, I want to understand it and bit coin as technical as possible through my own effort & 'scope'. Is there a great class I could take? The year is 2016 - what are the top 5 places I should start? I will happily take more than 5 suggestions. However, I know your time is worth money and value it. So, I will take whatever you offer.
Is this article true, the one above? Or have a year later, close to the day we proved it false?
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