Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> There is no way to regain the energy that was turned into heat while mining bitcoins, so bitcoin is not a battery.

You can regain the energy where it’s needed by using Bitcoin to purchase it



You don't regain energy this way. You're buying new energy.

That's not how batteries work.


Someone else was going to use a unit of energy to mine Bitcoin, but you supplied it instead when you mined it. You don’t get “new” energy, you get “that energy”, the energy that the person somewhere else would have used to mine the Bitcoins that you mined. That’s the energy you stored.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: