Bitcoin price: 2013 “too expensive” 2014 “too expensive” 2015 “too expensive” 2016 “too expensive” 2017 “too expensive” 2018 “too expensive” 2019 “too expensive” 2020 “too expensive” 2021 “too expensive” Bitcoin is always “too expensive” for those who don’t believe.
uhh, maybe after we can provide stable sustainable electricity for everyone we can talk about ramping it up again, though ultimately we will run into thermodynamic limits at like 30x consumption we're... not close to that though, and we are blowing through our carbon budget
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I want to learn more about thermo limits. Care to point me to some resources?
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the basics are, even if you just expend energy but don't emit co2 or any greenhouse gas you still dissipate energy. when I ran the calculation I thought I remembered you needed about 30x energy usage (at 50% efficiency) to match the 2.3 W/m^2 anthropogenic radiative forcing...
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bitcoin is a replacement for neither!