Malachi Salcido, Salcido Enterprises CEO, discusses how his bitcoin mining service has taken over central Washington state.
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Why Cheap Electricity Is Important To Mining Bitcoin: Salcido Enterprises CEO Malachi Salcido | CNBC
Craig Wright says City Bank uses more electricity then the entire bitcoin network, if that's true new money is much more efficient
Jody Robert Ford (5 days ago)
So, the Model A came after the Model T. Just a little side note. I know facts don't really matter.
가정교육이국가얼굴이다 (7 days ago)
대한민국 만세.~!! https://youtu.be/YO20a53o_Sk?t=548
TravelerPat (7 days ago)
This sounds so gimmicky and against my common sense. Bitcoin is a digital currency and to create something digitally in a computer system it's actually very easy--just one or a few lines of code. The creator of Bitcoin makes the process before those few lines of code can be executed, the mining process, difficult for the sake of being difficult simply to limit the number of coins and make each coin seem more scarce and valuable. This is like a design of a computer/console game in which the the first few levels are easy and things get tougher and tougher as you progress. A lot of people are playing to this Bitcoin craze for the potential of making money without asking why this kind of gimmicks and its effects on the environment in terms of energy usage. And more and more crytos are being created each day. Think of the magnitude of the effect on the environment. We are not there yet in terms of completely renewable energy resources...
TravelerPat (5 days ago)
Papa Ksjs There are lots of other trains. A train that simply makes money off of other people without creating any real value to the world and instead wastes electricity, I don't wanna be a part of.
Papa Ksjs (6 days ago)
Another one who missed the train? Cute.
TravelerPat (7 days ago)
Som fss People who are rude to others who have different opinions can't be taken seriously, man. It shows a lack of education and good judgement. And power to people? Wait until your coins get stolen. Then, power to the hackers who are free to use your coins anonymously.
Som fss (7 days ago)
stfu you tree hugger-crypto is about power to people once we have that we can worry about trees
Deff Pluto (7 days ago)
after that interviewer's arrogance ceiling look, the guy slam the S.Korea fake news with reality LMAO
Douch bag (7 days ago)
Gregory W Trump SS (7 days ago)
Crypto currency is one form of financial colonialism replacing the old system of financial colonialism.