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Sep 9, 2017 Why you can ignore the “Bitcoin is doomed because of the electricity cost” stories. Bitcoin Miners will make OK money but won't control the ecosystem. For an explainer on the technologies needed for Bitcoin to scale, please go to this post to learn about Segwit, Lightning Network, off chain processing etc.

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His estimate included Q/A support and SLAs. .. It's unclear how much volume BTCC processed on behalf of North Koreans, one former employee says the volumes were definitely not zero. Bitcoin “miners,” who process transactions in return for new currency, must race to solve extremely difficult cryptographic puzzles.