Is the "energy consumption" in mining a problem? Mining is a business of arbitrage for the cheapest sources of electricity. Proof-of-work mining is contributing to massive investment and subsidy in renewables / alternative energy and efficiency improvements in processing. It is driving the decentralization of energy production. "Consumption" in Bitcoin is easy to criticize because it is obvious, whereas the hidden externalities of the traditional financial system are massive.

Chapters
0:00 What's the solution for energy consumption in mining?
0:32 Choosing your mining location
2:28 Decentralization of energy production
3:06 Bitcoin is easy to criticize for its energy consumption because it's obvious
4:00 The level of security we have for bitcoin today is a level of security that can handle global attacks
4:50 I don't think we can afford two proof-of-work systems on this planet

This is part of a talk which took place at the Bitcoin Open Blockchain (BOB) community event on October 29th 2017 at the mHUB innovation center in Chicago, Illinois: [ Ссылка ]

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Proof-of-Work (PoW), Proof-of-Stake (PoS), Delegated Proof-of-Stake (DPoS) - [ Ссылка ]
What is mining? - [ Ссылка ]
Solar energy and mining in space - [ Ссылка ]
What should not go on a blockchain? - [ Ссылка ]
The 14nm limit, decentralization, and renewable-energy mining - [ Ссылка ]
Why has mining centralised in China? - [ Ссылка ]
Bitmain and the ASICBoost allegations - [ Ссылка ]

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop [ Ссылка ]
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He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

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MASTERING BITCOIN, 2nd Edition: [ Ссылка ]

Translations of MASTERING BITCOIN: [ Ссылка ]

THE INTERNET OF MONEY, v1: [ Ссылка ]

THE INTERNET OF MONEY, v2: [ Ссылка ]

Translations of THE INTERNET OF MONEY:
Spanish, 'Internet del Dinero' (v1) - [ Ссылка ]
French, 'L'internet de l'argent' (v1) - [ Ссылка ]
Russian, 'Интернет денег' (v1) - [ Ссылка ]
Vietnamese, 'Internet Của Tiền Tệ' (v1) - [ Ссылка ]

MASTERING ETHEREUM (Q4): [ Ссылка ]

Music: "Unbounded" by Orfan ([ Ссылка ])
Outro Graphics: Phneep ([ Ссылка ])
Outro Art: Rock Barcellos ([ Ссылка ])
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