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Bitcoin costs

2013-12-07 00:57:11.58801+00 by Dan Lyke 0 comments

On the opportunity costs of Bitcoin:

Earlier this year, Bitcoin became the world's largest distributed computing project, eight times more powerful than the world's top 500 supercomputers combined. That is a huge amount of computing power that could be used for other projects like research into genetics, or searching for extraterrestrial life, or modeling weather and the climate, or a huge number of other endeavors.

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