⚡️ The first chart shows Bitcoin’s hashrate now ~800 exahashes per second, powered by ~10 gigawatts of electricity yearly. The second shows Bitcoin’s block time staying ~10 minutes for 16 years—maintained entirely by the difficulty adjustment, some call Nakamoto’s greatest achievement

Reply to this note

Please Login to reply.

Discussion

fair competition in action is a thing of beauty

In a balanced word

We need fair competition

A true free market

#haiku

True 🤝

wonder what % of energy usage bitcoin cover in the future

maybe 30%

Yes, timestamping is probably the greatest core mechanic.

It’s indeed crazy that satoshi could foresee this need.