Tag: proof

Meet The 'Man' Who Crashed Bitcoin In 2018

Bloomberg and Zerohedge is spreading FUD about the liquidation of 166,000 Bitcoin. Provide proof or apologize publicly, you assholes!

[Zerohedge Article](https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash) >Still, Bloomberg reports that Kobayashi is sitting on another approximately $1.9 billion, which he says he plans to offload soon… [Bloomberg Source](https://www.bloomberg.com/news/articles/2018-03-07/bitcoin-s-tokyo-whale-sold-400-million-and-he-s-not-done-yet) >Kobayashi, who’s liquidating the tokens on behalf of Mt. Gox creditors, has another $1.9 billion to offload. I see 2 things very critical: 1) Zerohedge inventing a timeline with ‘offloading soon’…

BitCoin Proof of Work is Still an Energy King?

BitCoin Proof of Work is Still an Energy King?

According to this reference there are 30,000 banks in the world. https://www.quora.com/How-many-banks-are-there-in-the-world-1 Let’s assume that each bank has an average of 3000 employees. This makes 30,000 x 3000 = 90 million employees. First question: How much electricity the 30,000 banks consume per year? Second question: How much energy 90 million employees waste for securing funds…