a ver si se ve....

Argentina

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There's a natural limit to how much coouptatimn will be applied. We can expect the cost of mining to approximately equal the price of the new bitcoins awarded. New bitcoins are a small portion of the bitcoin economy, and the proportion shrinks dramatically as time goes on.As bitcoins get pricier, it will become worthwhile at some point to build custom-designed ASICs to mine them. These will likely be much more power-efficient, but costly. In that case people will spend most of their mining investment on hardware, rather than electricity.
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well, there is  simply iucdnle time-dependend variables in your calculations  no unneccary power wasted, but the values are known only at that time (mining power would then go into prediction and into faster network transmission technology, which is eventually of some use).I strongly agree with his main point, that buring all our rain forest for such a stupid algorithm that does not help anybody afterwards is a major problem.

Revision as of 23:46, 25 January 2009

well, there is simply iucdnle time-dependend variables in your calculations no unneccary power wasted, but the values are known only at that time (mining power would then go into prediction and into faster network transmission technology, which is eventually of some use).I strongly agree with his main point, that buring all our rain forest for such a stupid algorithm that does not help anybody afterwards is a major problem.

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