This is brilliant, it's like a pristine experiment showing nothing that comes out of modern science has any value. If there were political demand to show that pi was higher, we would get papers showing an increase in the value of pi month by month.https://twitter.com/EricHolthaus/status/997108205858840576 …
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Hey now. It's also possible that BTC's energy use is extremely small, so that growing nine times in a year works out to a total of 'still small.'
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There are a few theoretical possibilities- maybe transaction fees are starting to dominate mining rewards - but they're all far-fetched and easily verifiable.
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Of course, as I should have expected, on reading the paper it turns out to be fairly sane (though there are one or two points that could be errors), and doesn't contain the "growing at 20% per month" or other stupid ideas that were made up by grist.
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Journalism is evil.
End of conversation
New conversation -
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Mining -is- handling the transactions. That's why BTC works at all, a fact overlooked by many altcoins.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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