Bitcoin’s stupendous power waste is green, apparently — bad excuses for Proof-of-Work
Did you know that Bitcoin using 0.1% of all the electricity on earth, and 0.5% by the end of the year, is actually good? Huge if true.
Tag: bitcoin
News: Bitcoin’s power consumption, Bing bans crypto ads, HoweyCoins, HTC’s blockchain phone, Whalepool vs Bitfinex
And how to research the Panama Papers yourself at home.
News: Zimbabwe crypto ban, crypto Lambos, Quinn DuPont, Bitmain and Circle with USD Coin, anime girls on the blockchain
Quinn DuPont’s book is going to be a good one, and you should get it when it’s out.
Bitcoin’s continuing failure to substitute for gold
Bitcoin maximalists think Bitcoin is the perfect substitute for gold. Not even gold fans listen to them. But what would it take for Bitcoin to achieve this?
“Welcome to the Blockchain”: my slides from Berenberg’s “Blockchain: From Hype To Reality”
I did a talk today — here’s the slides. Explaining blockchains, why Bitcoin fans are like they are, and blockchain use cases in business.
Saifedean Ammous: The Bitcoin Standard — making the Austrian School case for Bitcoin
How Bitcoin fits the theology and virtues of Austrian economics — a plea to Austrian School nocoiners to take Bitcoin seriously.
Debunking ‘But Bitcoin is like the early Internet!’
Of course it isn’t like the Internet. But this claim keeps coming up. Includes technologies Bitcoin and blockchains are actually comparable to.
News: NiceHash, credit cards cut off cryptos, Ethereum predictable “random” numbers, deanonymising Tor, Bail Bloc
With nice writeups of my book and related books.
Notes from the crash: watching the Bitcoin pumps and dumps live on GDAX
If you know what you’re looking at, the GDAX depth chart is absolutely gripping. It’s like an action thriller movie for very dull people. If you ever wondered why I don’t trade in cryptos …
News: 450m Tethers this week, BitConnect shuts down, GPU miner viruses, US Treasury, unbanking the banked, altcoin fraud
And James Altucher claims to know who Satoshi Nakamoto is, and that he reads Satoshi’s blog daily. Huge if true.