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Topic: How much of the world's computer power will we end up with? (Read 1318 times)

legendary
Activity: 938
Merit: 1001
bitcoin - the aerogel of money
Depends how fast Bitcoin grows and how big it becomes.

If Bitcoin becomes the world's dominant currency by 2020 and most of the world's population keeps their cash savings in Bitcoin, then most of the world's computing power will go into Bitcoin mining.

Not only that, most of the world's electricity will go into Bitcoin mining.

The total computing power will continue halving every 4 years but it would take until 2030-2040 until Bitcoin mining is no longer the world's biggest consumer of computing power and electricity.

sr. member
Activity: 323
Merit: 251
Considering we're still only a 20 million dollar economy and already the biggest distributed computing network in the world, how big do you think the network will eventually become?
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