RE: Bitcoin's Unit of Account: The Watt-Hour

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Bitcoin's Unit of Account: The Watt-Hour

in bitcoin •  2 years ago 

Thanks @jedau! Yeah it might be difficult to identify precisely how many machines are running around the world and how many Watts they are collectively using, but we can probably approximate that pretty well similar to how Digiconomist has done to make its estimates. We'll see if this idea makes sense to people and thanks!

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Well thought out ideas like this should definitely be considered. Everyone wants digital currency to be sustainable, so this is definitely worth looking a second look at.