So some magic beans are down or up, WGAF?
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Bitcoin
Collapse
X
Collapse
-
-
I was reading last week that Mastercard is planning to natively support crypto, but only within narrow parameters what they'll use. USDC(oin) was suggested as a likely first choice.
But this is tied to USD as I understand it, which means there is no scope to speculate - so what is the point over using actual USD?Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
-
Originally posted by AtW View PostSo some magic beans are down or up, WGAF?First Law of Contracting: Only the strong surviveComment
-
Bitcoin's estimated annual electricity consumption has increased around 30-fold since Jan 2016, from 4TWh/year to over 120TWh/year. Source:
https://cbeci.org
Total worldwide annual electricity consumption is about 25,000 TWh/year. So, bitcoin currently only accounts for about 0.5%.
But if it kept on going up 30-fold every 5 years or so...
And at a time when we should be trying to reduce energy consumption.
Not exactly what you'd call sustainable.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
-
This does seem more worrying than other objections I've heard. Is there any conceivable workaround, to a system which is designed around needing significant computational power? Are there currencies which come from a different direction than a computation 'arms race'?Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
-
Comment
-
Originally posted by administrator View PostHow much does it cost to produce gold? Not declaring whether or not I have any crypto
However, unlike bitcoin, I doubt the energy consumption is increasing much year on year.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
-
Originally posted by administrator View PostHow much does it cost to produce gold? Not declaring whether or not I have any cryptoI am what I drink, and I'm a bitter manComment
-
-
Originally posted by Andy2 View PostBitcoin will accelerate global warming
ban this damn thing already
If anyone has any suggestions for stocks in renewable energy and energy storage feel free to shout...Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment