Bitcoin Mining Wastes Energy? What If That's a Good Thing?

http://ift.tt/oBfHhC am frustrated by the debate over whether or not bitcoin is an environmental disaster waiting to happen. No one seems to know what assumptions to use. Depending on what efficiency ratios we assume for currently operating ASIC mining rigs, they're either consuming 35 terawatt-hours per year, the ...

from http://ift.tt/2FkMyR9