Solar energy efficiency advances and proof-of-work. Factoring in capital costs of/ access to solar panels & mining equipment, access to internet, opportunity cost for excess energy and storage capacity. Energy scarcity is a fundamental issue. Sudoku as a proof-of-work algorithm. Bitcoin mining in space.
This talk took place on September 13th 2016 at the Silicon Valley Bitcoin Meetup in Sunnyvale, California: https://www.meetup.com/Silicon-Valley-Bitcoin-Users/events/232546018/
Watch the full talk here: https://youtu.be/rsLrJp6cLf4
RELATED:
The 14nm limit, decentralisation, and renewable-energy mining – https://youtu.be/gYwc_MCC4us
What is the role of nodes? – https://youtu.be/fNk7nYxTOyQ
Lightning, full nodes, and miners – https://youtu.be/dlJG4OHdJzs
Bitmain and the ASICBoost allegations – https://youtu.be/t6jJDD2Aj8k
The 21 million supply cap – https://youtu.be/AABkJ55Zz3A
The War on Cash and Crypto – https://youtu.be/BAlRKfvBnvw
Hard Promises, Soft Promises: Promoting Autonomy instead of Authority – https://youtu.be/UJSdMFPjW8c
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8
MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042
[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388
Subscribe to the channel to learn more about Bitcoin & open blockchains!
If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: https://www.patreon.com/aantonop
Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
source
This is the first time I have had an issue with any of his talks. Renewable energy needs to be taken a bit more seriously that the answer given. Patronising and rude. very unlike him.
I do have a question for anyone who has the answer. What happens when we reach the point where no more bitcoins are being produced? How will the miners be compensated? From my understanding the miners are there to store all the information across the network and keep pushing transactions but if they are no longer incentivized why would they still do it.
in a world where ownership of anything will be a disaster. I mean I flip the entire future upsidedown from the BTC valuation system, I wiped with the envision. Imagine taking ownership of 100 baskets of rice will end up like having a hot-potato on hands against BTC. By then the old system be gone and cash has become history, BTC will be forever in shortage and each Satoshis is going to worth more against anything on earth as time goes. We will enter into a world nobody is willing to own anything. Everyone rents everything. No one will be willing to spend. Only the miners who maintains the network get pay. they will be the ones who keep BTC's circulation momentum.
when the days come everyone will be miner, it's the only way to survive.
goes and makes sudoku coin, gonna get rich
Mining should be decentralised and with the heat we should warm our bathing water and coock the eggs.
Nice to see your FUN Side … 😀 thanks !!!
I dont think slaves built it …
Mining in space is bullcrap because earth is flat nasa faked everything.. u cant go to space
BlockChainTecno dedicates this track to Andreas https://blockchaintechnorats.bandcamp.com/track/bitcoin-will-make-everything-alright-feat-andreas-antonopoulos #areyousatoshi?
Andreas ? – let's talk about mining in space. Hit me up! ?✌ ?
elon musk will be the first space miner, mark my words, and he will not mine gold on asteroids or something 😉
amusingly, andreas posted this on the same day that Blockstream announced their blockchain satellite broadcasting project
1kw/m^2, not 2. Also cf server sky re star trek utopia and mining in space
Free energy devices already exist. They have been suppressed through the patenting system.
What about nuclear mining, hahaha
Well as usual great video with interesting informations. Had to laugh about the startrek and no money, right but they used Energy credits as a sort of money, so we can compare cryptos to EC we have similar thing here. Well I need to say that as I learn more and more people about cryptos the first thing they think of is that it is sort of sci-fi thing.
One of the most beautiful things about what you guys created is that you helped Everyday People to become smart to take control of their own destiny
Inspiring
Great question and answer
I can barely hear what the people from the audience asked, if you can repeat the questions or give them a microphone as in other videos, that would be great.