If it’s only 10x more expensive to mine that it is today, given inflation, network growth, and block subsidy reduction which is a rather conservative estimate, that puts an Epoch 6 at $100k In energy to produce 1 bitcoin. Does this seem reasonable?
That energy isn’t lost. Forever flowing through the network. Should make it $100k/#Bitcoin
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Shit
That’s totally ignoring the hardware costs. The hardware that’s currently being added (S19 XP) will be reaching the end of its useful life. The new machines then will easily be 2x the efficiency.
