proof of work | Attack of the 50 Foot Blockchain

Guest post: The Last Last Word on Bitcoin’s (horrifying) Energy Consumption

by: David Gerard
In: Uncategorised
On Jun 03,2020
Comments: 4
Tags: asic , bitcoin , michael reece purson , nic carter , proof of work

A response to Nic Carter’s “The Last Word on Bitcoin’s Energy Consumption” (CoinDesk, 19 May 2020), by Michael Reece Purson.
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News: Tether, Winklevoss vs Shrem, regulation, Consensys asteroid mining, Ethereum analysis, Proof of Work is still awful

by: David Gerard
In: Uncategorised
On Nov 04,2018
Comments: 3
Tags: amsterdam , charlie shrem , consensys , deltec , ethereum , fca , financial action task force , hong kong , htc , jeffrey berns , links , planetary resources , proof of work , tether , united kingdom , winklevoss twins

You can see the clear synergies between an Ethereum development house and asteroid mining … right?
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Bitcoin’s stupendous power waste is green, apparently — bad excuses for Proof-of-Work

by: David Gerard
In: Uncategorised
On May 22,2018
Comments: 12
Tags: andreas antonopoulos , ari paul , bitcoin , bnp paribas , capgemini , casper , chelan , china , coincenter , ethereum , lightning network , nick szabo , peter van valkenbergh , plattsburgh , proof of work , saifedean ammous , the bitcoin standard , the internet of money , visa

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.
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Tag:proof of work

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