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Redditor: Bitcoin Will Become Unsustainable in Terms of Energy Cost by Around 2030

  • Yuri Molchan
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    A new discussion on Reddit is being heated by a redditor who refers to an opinion of a computer and blockchain expert about Bitcoin mining issues


Redditor: Bitcoin Will Become Unsustainable in Terms of Energy Cost by Around 2030

A redditor Illsellyoullbuy has provoked a heated discussion on the platform, posting an opinion of his friend who is “who is a computer engineer and quite expert on blockchain”, who claims that in 11 years Bitcoin will become too expensive to mine thanks to the continuous halvenings and a high electricity costs.

Miners will be forced to give up their business, the ‘expert’ says and without them extracting new Bitcoins will become impossible.

Reddit image 2
Image by Reddit

The community’s reaction, however, was quite skeptical that the quoted friend was an expert on blockchain.

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Some also argued that electricity rates will inevitably go down in the future as new technologies are developing, providing more and more people with renewable sources of energy.

Reddit image
Image by Reddit

 

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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John McAfee Fails CIA’s Attempts to Collect Him and His Wife, Shotguns Involved

  • Yuri Molchan
    📰 News

    Crypto freak John McAfee says CIA has made an attempt to collect him in Cuba, posts a photo holding a machine gun


John McAfee Fails CIA’s Attempts to Collect Him and His Wife, Shotguns Involved

In the previous episode of the ‘McAfee runaway saga’ U.Today reported that the crypto baron and one of the current US presidential candidates, John McAfee, send a word that he would be going dark on Twitter and promising to share details later on.

The message was posted on his account by McAfee’s team campaign manager with a long beard and just as long Spanish name Rob Benedicto Pacifico Juan Maria Loggia-Ramirez (probably, McAfee calls him ‘Don Juan’ for short, in commemoration of the Carlos Castaneda’s mysterious teacher).

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Villains strike, stakes rise

On Friday, July 19, the story had a continuation, since the first tweet made my McAfee himself appeared after the one promising that he would ‘go dark’.

The presidential candidate McAfee has reported that the CIA has attempted to lay their hands on him and his wife and prevented them from relaxed cigar smoking in Cuba.

The photo he posted shows McAfee and his wife Janice holding weapons, which apparently they used to scare the CIA agents off their expensive cognac and Cuban cigars.

The crypto baron then said that he would go dark on Twitter for another few days until the IRS sends US marines to catch him, perhaps.

The crypto baron then said that he would go dark on Twitter for another few days until the IRS sends US marines to catch him, perhaps.

 

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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