What happens to Bitcoin when free energy is available?

NorrisK

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Quote from: Amph on July 20, 2015, 03:07:48 AM

Quote from: jehst on July 19, 2015, 12:01:29 PM

metal used to manufacture the ASICs will still cost money right?

but it won't matter when one of those reach roi, because that roi can pay for the new machine and so on, also i believe that aside from the chips everything else has not an heavy cost, on the opposite is very cheap

And the chip is also only expensive because of the R&D and relatively low volume compared to consumer grade chips.

What about a modular ASIC where you only need to swap the chip? That would make everything cheaper, including shipping.

Amph

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Quote from: jehst on July 19, 2015, 12:01:29 PM

metal used to manufacture the ASICs will still cost money right?

but it won't matter when one of those reach roi, because that roi can pay for the new machine and so on, also i believe that aside from the chips everything else has not an heavy cost, on the opposite is very cheap

Cconvert2G36

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Quote from: TeslaFreeEnergy on July 19, 2015, 12:33:59 AM

https://www.youtube.com/watch?v=YTjYHnpJjEE

http://www.teslacointalk.org/topic/119/free-energy-videos

Open your minds guys, this will be the next revolution after btc

Decentralization of energy system!! Wink

Username checks out.

TeslaFreeEnergy

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Quote from: jehst on July 19, 2015, 12:01:29 PM

metal used to manufacture the ASICs will still cost money right?

metal? heavy metal?

jehst

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21 million. I want them all.

metal used to manufacture the ASICs will still cost money right?

TeslaFreeEnergy

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https://www.youtube.com/watch?v=YTjYHnpJjEE

http://www.teslacointalk.org/topic/119/free-energy-videos

Open your minds guys, this will be the next revolution after btc

Decentralization of energy system!! Wink

ElectricMucus

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Marketing manager - GO MP

Quote from: Mageant on July 18, 2015, 01:29:58 PM

Maybe you will soon be able to try this out:
https://www.facebook.com/FreeEnergyTruth/photos/a.10151888218213026.1073741826.192446108025/10153174777293026/?type=1&fref=nf&pnref=story

Monkey Energy

I remember the hype from 2006, that was fun.
Irish scammers are best scammers.

Mageant

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Maybe you will soon be able to try this out:
https://www.facebook.com/FreeEnergyTruth/photos/a.10151888218213026.1073741826.192446108025/10153174777293026/?type=1&fref=nf&pnref=story

wadili89

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Quote from: Cablez on July 25, 2012, 06:31:41 PM

What energy is free? Like hamsters going in a wheel?

lol funny but turkmenistan is a country ( i am not from it ) but some days ago there was an article on paper about this country turkmenistan there are free water, wifi, and electricity and then i later searched on google and found out yes this news was rite they really have free electricity for household user not for industry but you can mine at home rite ? Cheesy

stallion

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You need to properly define ,what you mean by the free energy? And free energy will cause an uprising in the society which would be impossible to handle. Imaging free electricity.

HarHarHar9965

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I think it might be the end of the world and bitcoin dooms with it too, as we all go the same direction.

lissandra

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Quote from: Natalia_AnatolioPAMM on May 15, 2015, 10:49:29 AM

I guess we're speaking about some utopian future image ,which is hardly able to happen

im pretty sure this is all hypothetical suggestions if it were to happen.

obviously we know energy isnt free nor anything will be free. But, if energy was free I think not just mining bitcoin changes, but the whole world with keep lights on 24/7 changes lol.

techgeek

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Quote from: vvv8 on May 16, 2015, 04:26:59 AM

Free energy ? what the fuck ? get that crazy talk out of your head...

that's not going to happen (probably never ever), and if it did i don't think that will be in my lifetime or the next.

Energy is a resource, and someone somewhere will try to monetize it for profit, whether the cost of production is high, low, or even free (nothing is free regardless). So it is impossible.

I think if anything he means like a discounted rate of energy use then free.

Nothing is free like you mentioned, so Imma assume he meant like energy savers that still allows mining like possible with solar maybe.

mrhelpful

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If free energy happens, theres operations that obviously will happen like KNC becomes wanting to be a monpoly.

or taking up majority market to mine more then the average joe will have coin in their life time.

TeslaFreeEnergy

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What happens to Bitcoin when free energy is available?

Miners will make more money

btw, if you're interested in Free Energy, you should help Teslacoin and the TeslaStarter project. It's about crowfunding Free Energy projects and companies

http://www.teslacointalk.org/

https://bitcointalk.org/index.php?topic=778053.new#new

BillyBobZorton

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Quote from: vvv8 on May 16, 2015, 04:26:59 AM

Free energy ? what the fuck ? get that crazy talk out of your head...

that's not going to happen (probably never ever), and if it did i don't think that will be in my lifetime or the next.

Energy is a resource, and someone somewhere will try to monetize it for profit, whether the cost of production is high, low, or even free (nothing is free regardless). So it is impossible.

The free energy from the sun is not free only because of the fictitious tax of the powerful, that want to keep scamming the poor guaranteeing they pay everything.
If they don't let us enjoy the energy provided by the sun, what we need is a revolution. Fuck paying taxes for having solar panels. No one should pay for that. Fuck the electricity monopoly. Im not paying for shit.

vvv8

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Quote from: huadylmate on May 16, 2015, 05:02:00 AM

People are killed for having the free energy dream, it is already either A, already with us designed years ago by Tesla, B, still being worked on but very close, I believe A, and it will never be released to us average joes because that is what helps control us.

There were electrical cars with good functional designs before tesla.

huadylmate

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People are killed for having the free energy dream, it is already either A, already with us designed years ago by Tesla, B, still being worked on but very close, I believe A, and it will never be released to us average joes because that is what helps control us.

vvv8

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Free energy ? what the fuck ? get that crazy talk out of your head...

that's not going to happen (probably never ever), and if it did i don't think that will be in my lifetime or the next.

Energy is a resource, and someone somewhere will try to monetize it for profit, whether the cost of production is high, low, or even free (nothing is free regardless). So it is impossible.

Amph

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Merit: 1070

something that is better not be real, because with such scenario miners could dump indefinitely, all the way down to zero, especially if they roi'ed

at least until the halving arrive and cut their dumping dream

Topic: What happens to Bitcoin when free energy is available? (Read 8892 times)