http://www.bloomberg.com/news/2013-0...-disaster.html
http://www.forbes.com/sites/timworst...ntal-disaster/
http://gizmodo.com/5994626/bitcoin-m...nmental-impact
Quote:
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UPDATE: Thank you to those who tell me that transaction processing will continue indefinitely and thus power consumption will continue indefinitely (although quite possibly at a much lower rate with the introduction of ASICs). I could retreat into pedantry and insist that this isn’t mining for Bitcoins, which is what the original piece was about, but probably better to simply admit that I overlooked that point. Apologies and thanks for the (multiple) corrections.
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However, considering just how many 'interwebz-coinz' are being traded/mined, as well as all the bank talk of their own versions..
we have a problem or what?