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The Forum > Article Comments > Hopes and nightmares over crypto currencies > Comments

Hopes and nightmares over crypto currencies : Comments

By Binoy Kampmark, published 6/12/2017

'If things were still the way they were at the beginning of the year, over 80 percent of the world's bitcoin trading and ICO financing would take place in China...'

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Bazz - That article was proven to be totally false.

Sucked in a lot of people believe was also click-bait article for some.
Posted by Philip S, Thursday, 14 December 2017 8:05:50 PM
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Philip S, could be except that I have seen that sort of comment in
several different articles over a couple of years along the same line.
Another article I read recently gave a calculation to how much power
you would consume with a high grade PC to run the mining program for
the time to produce a certain amount of bit coin.

It was uneconomic with normal PCs unless you had very very cheap electricity.
However none of that will matter if IBM can build working
quantam computers.
They are really weird stuff where bits can be 1 & 0 at the same time !
Programming them sounds like a nightmare !
Posted by Bazz, Thursday, 14 December 2017 11:14:48 PM
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