Donate Bitcoin
Send only Bitcoin (BTC) to the following address or scan the QR code below:
Send only Bitcoin (BTC) to the following address or scan the QR code below:
Send only Bitcoin (BTC) to the following address or scan the QR code below:
3NTKSiSBo7jXvj7nzwsBWjJSgaYUQxXzmM
Bitcoin Arms Race
Send only Bitcoin (BTC) to the following address or scan the QR code below:
Send only Bitcoin (BTC) to the following address or scan the QR code below:
Bitcoin created an "arms race" for efficient computing like nothing before. Previously, energy efficient goods, services, networks, and properties were seen as a passive way to save money and help the environment slightly (excluding actual energy generation). Bitcoin mining changed that, as energy efficient computing now actively makes money.
Mining will flock towards the cheapest source of energy regardless of what that source may be, but it still incentivizes alternative energy sources in many ways. One way that is often overlooked is the use of Bitcoin as a quasi-battery for energy farms that are not feasible to tie into the grid. Another, more obvious way is the research and development of new alternative energy sources such as the Usher Loop.
What other technology/idea has done something like this? The picture above illustrates the Bitcoin reward halving schedule for the next century. Over time, more and more energy will be required to mine the same amount of Bitcoin.