Martti Malmi
1 min readDec 6, 2017

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Miner improvements have zero impact on energy consumption in the long run. If miners get more energy efficient, it means they can just profitably run more of them. What matters is how much electricity and mining gear you can buy with block reward + fees.

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Martti Malmi
Martti Malmi

Written by Martti Malmi

Early bitcoin developer, voluntaryist. A.K.A. Sirius.

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