Free Republic
Browse · Search
General/Chat
Topics · Post Article


1 posted on 12/12/2017 4:23:33 AM PST by dennisw
[ Post Reply | Private Reply | View Replies ]


To: dennisw

Any freepers mining bitcoins?


2 posted on 12/12/2017 4:24:48 AM PST by dennisw (Once is happenstance. Twice is coincidence. The third time it is enemy action.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

Using real energy to mine fake currency. It’s the 21st century version of the Tulip Craze.


4 posted on 12/12/2017 4:29:48 AM PST by Flick Lives (The FBI is a corrupt partisan organization)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

why do I see this crashing big time....probably because it is based on a fallacy of perceived value.


5 posted on 12/12/2017 4:31:26 AM PST by PCPOET7
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

>>“Bitcoin could potentially switch to such a consensus algorithm, which would significantly improve sustainability,” he claimed. “The only downside is that there are many different versions of proof-of-stake, and none of these have fully proven themselves yet.”

There isn’t even proof of sustainability or man-made global warming yet.


6 posted on 12/12/2017 4:34:46 AM PST by a fool in paradise (Did Barack Obama denounce Communism and dictatorships when he visited Cuba as a puppet of the State?)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

Bitcoin energy consumption had risen by almost 30 percent in the last month. Based on that rate of growth, Bitcoin electricity consumption will overtake the U.S. by July 2019 and the world by 2020.


Twain writes someplace about people calculating the same way concerning the shrinkage of the Mississippi Delta being projected and that in so many years New Orleans and St. Louis will be electing a common board of alderman.

Lies, damned lies, and statistics.


9 posted on 12/12/2017 4:45:00 AM PST by Hieronymus (It is terrible to contemplate how few politicians are hanged. --G. K. Chesterton)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

The whole thing is explosive fairy dust that will detonate leaving only the smart scammers who get out in time.


10 posted on 12/12/2017 4:52:18 AM PST by Anti-Bubba182
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw
Based on that rate of growth, Bitcoin electricity consumption will overtake the U.S. by July 2019 and the world by 2020.

Do people even read what they write?

12 posted on 12/12/2017 4:55:19 AM PST by ShadowAce (Linux - The Ultimate Windows Service Pack)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw
Exponential growth in energy usage?? If that is literally true this whole thing cannot go on a lot longer.... mere efficiencies however sought will be overwhelmed by exponential growth.

"Based on that rate of growth, Bitcoin electricity consumption will overtake the U.S. by July 2019 and the world by 2020."
15 posted on 12/12/2017 5:08:32 AM PST by Enchante (FusionGPS "dirty dossier" scandal links Hillary, FBI, CIA, Dept of Justice... "Deep State" is real)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

I hear that the mining of di-hydrogen monoxide will be the next big thing! It is a VERY valuable and essential commodity.


17 posted on 12/12/2017 5:10:43 AM PST by A Formerly Proud Canadian (I once was blind but now I see...)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

Sounds like the encabulator transmission.

https://youtu.be/fw_VBiTntq8


18 posted on 12/12/2017 5:11:18 AM PST by RegulatorCountry
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

Unintended consequences. This could have major long-term implications, I think.


20 posted on 12/12/2017 5:13:56 AM PST by XEHRpa
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

” Based on that rate of growth, Bitcoin electricity consumption will overtake the U.S. by July 2019 and the world by 2020.”

And the Universe by 2040. That is what the a$$hole is saying.


21 posted on 12/12/2017 5:20:08 AM PST by I want the USA back (Liberalism is just another form of insanity.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

How much energy is wasted reporting and manipulating “climate change” scare stories?


24 posted on 12/12/2017 5:42:31 AM PST by a fool in paradise (Did Barack Obama denounce Communism and dictatorships when he visited Cuba as a puppet of the State?)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw
and the only way to make money on Bitcoins is use someone else's computers and electricity . Beware some websites use your browser to mine Bitcoins ,even when to turn off the browser
38 posted on 12/12/2017 7:35:27 AM PST by butlerweave
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

Can you sell a bitcoin for dollars?


39 posted on 12/12/2017 10:52:54 AM PST by minnesota_bound
[ Post Reply | Private Reply | To 1 | View Replies ]

To: dennisw

Who takes these fake coins in exchange for goods or services? Can you get real money for them, or are they like Star Treks “credits”?


40 posted on 12/12/2017 1:16:45 PM PST by JimRed ( TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson