$TRUMP
Cooling DownSnapshot Window: 2026-09-07 18:40 UTC · ← Back to Crypto Overview
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Back from Cypherpunk Week in Amsterdam and @CryptoCanal Common S3nse with plenty to think about. We heard very different views on privacy, digital cash and future payments. Every conversation sharpened how we think about Mora. Thanks @CryptoCanal for bringing it together, and
An Internet forum user 16 years ago measured their computer’s electricity use and estimated it would take approximately two weeks to produce a Bitcoin block. With the block mining subsidy then 50 bitcoin, their estimated electricity cost was $5.68, which they called “a net loser”
AI visual note: A screenshot from the Bitcoin Talk forum dated September 7, 2010, where user "TTBIT Legacy" calculates that their 2200 khash/s setup consuming 140 watts would cost 47.327 kWh ($5.68) to produce a block every 338.05 hours, calling it "a net loser," while also noting that CUDA-based GPU mining at 25,000 khash/sec could potentially make electricity costs profitable again.