bitcoin mining

Myles Braithwaite me-qIX3qoPyADtH8hdXm2+x1laTQe2KTcn/ at public.gmane.org
Thu Jun 23 18:27:55 UTC 2011


On Thu, Jun 23, 2011 at 2:21 PM, Jamon Camisso
<jamon.camisso-H217xnMUJC0sA/PxXw9srA at public.gmane.org> wrote:
> There must be a point where the cost in terms of power is higher than
> the value of solving a block?

It matters how you are using the Bitcoin currency. If you are using it
as a replacement for actually cash than yes. But if you are using it
with people as an independent online currency than no. The 25 Bitcions
could equal the standard price of a two days worth of electricity in
Toronto.
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