On 12/13/2017 10:01 PM, John Newman wrote: > > >> On Dec 7, 2017, at 9:26 PM, juan <[email protected]> wrote: >> >> On Thu, 07 Dec 2017 18:10:32 -0800 >> g2s <[email protected]> wrote: >> >> >>> >>> we are still waiting for you to show that you able to >>> calculate Blah blah... From that ars technical link >> >>> However, we can make some educated guesses. For starters, we know the >>> industry's revenue: Bitcoin miners currently generate 75 bitcoins per >>> hour, which, at the current price of around $12,500 per bitcoin, >>> translates to $937,500 per hour, or more than $8 billion per year. >> >> >> hey stupid piece of joo shit, you still don't understand the >> very basics of what you are supposed to calculate? you keep >> copy pasting irrelevant shit? >> >> you are supposed to give an estimate of energy usage. Watts per >> hour. Do you even know what that means? >> >> > > > What’s the point in calling Razer a “joo”? He doesn’t call you a beaner. > Is he even a practicing Jew? Does it even matter (answer is no)? It’s such > a lazy, inarticulate expression, it makes you sound exactly like racist trash. > > > Oh and yeah I expect a bunch of “muh white knight” bullshit from the cock.li > cock and probably others. So original, clever and biting, like all his genius > “irreverent nazi” bullshit. > > > >> >> >> >>> >>> Moreover, the industry is highly competitive, and electricity is one >>> of its biggest costs. So when the price of bitcoins rises, we can >>> expect miners to spend more and more on electricity until electricity >>> costs are roughly on par with revenues. >>> >>> This is the methodology the Digiconomist (link... use it scumbag.) >>> website uses to estimate the Bitcoin network's energy consumption. It >>> assumes that the industry will spend 60 percent of its revenue on >>> electricity and then extrapolates from the current bitcoin price and >>> prevailing electricity prices. It finds that the network is consuming >>> energy at an annual rate of 32TWh. >>> >>> It also assumes that the network takes time to adjust to big price >>> increases like we've seen in recent days. This means that, if Bitcoin >>> stays above $12,000, we can expect this figure to rise further in the >>> coming weeks." Rr >>> >> > >
I hate Illinois Nazis ! What are nazis good for ? The only think i know they are good for are human punching bags ! How many nazis does it take to screw in a lightbulb ? None ! They don't let prisoners at the Spandau prison mess with the light bulbs. Seriously, fuck nazis !
