View Single Post
Old 05-12-2020, 01:04 PM  
Adraco
Confirmed User
 
Adraco's Avatar
 
Industry Role:
Join Date: May 2009
Location: Onboard an airplane around the globe
Posts: 3,734
Quote:
Originally Posted by jscott View Post
There will always be a demand for bitcoin mining. Some people have access to cheap electricity, there's renewable energy (Bitcoin is mined by 70% renewables) among other things.

Bitcoin only needs to exist in order for it to succeed.
Key point is that Bitcoin needs electricity to exist or function. If you pull the plug out, Bitcoin effectively dies.
__________________
----------------------------------------------------------------------------------
The truth is not affected by the beliefs, or doubts, of the majority.
Adraco is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote