Alex's BECI model claims Bitcoin currently consumes 7.6 GW. Whereas this paper is more reasonable and states the future consumption might grow to 7.6 GW by the end of 2018. These are 2 very different statemetns. What I call "fundamentally flawed" is the BECI claim, not this paper.
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Alex's BECI model claims Bitcoin currently consumes 7.6 GW. Whereas this paper is more reasonable and states the future consumption might grow to 7.6 GW by the end of 2018. These are 2 very different statemetns. What I call "fundamentally flawed" is the BECI claim, not this paper.
Oh I see. Thank you for clarifying.