Bitcoin consumes 4,000,000,000 W of power to process four transactions per second. A single Raspberry Pi with a database can do an order of magnitude more on 5W. Think about that next time you wonder if it's a good design.
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Sounds like we both agree that technology is a good thing. While we won’t solve the secrets of super linear growth on this Twitter debate, my bet is someone will build a better miner. Or a better power station.
Bingo! 20+ years will do that with innovative technology. Now imagine what bitcoin will be like in another 12 
Email, TC/IP, and 
That will just cause the difficulty to increase, and you'll wind up wasting the same amount of energy doing more mining. Power usage is effectively pegged to the value of Bitcoin, and transaction throughput is pegged to the fixed block size.
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By that logic, as the price of bitcoin rises so to would the pegged power price. Why is this a bad thing?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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