Fun fact: The bitcoin network has now about 50000x more computing power than the top 500 supercomputers combined while using only half the energy.

Computing power of top 500 supercomputers combined: 672 Petaflops using 475 Megawatts

Bitcoin network: 2662 PH/s = 33,807,400 Petaflops using about 266 Megawatt (at 13TH/s using 1.3kW)

Throw this in the face to people who say bitcoin is backed by nothing!

submitted by /u/DizzySquid
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Bitcoin

Satoshi Consensus carefully limits the power of miners. When the world’s biggest miner says: “we will continue mining empty blocks. This is the freedom given by the Bitcoin protocol” – while advancing BU, a protocol change that will give him *much* more power, we must take a clear stand against it.

Satoshi Consensus carefully limits the power of miners. When the world's biggest miner says: "we will continue mining empty blocks. This is the freedom given by the Bitcoin protocol" - while advancing BU, a protocol change that will give him *much* more power, we must take a clear stand against it. submitted by /u/bahatassafus
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Bitcoin