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Archived from the original on Retrieved several experts told The Washington Post that bitcoin probably uses as much as 1 to 4 gigawatts, or billion watts, of electricity, roughly the output of one to three nuclear reactors. "This Billionaire Just Called Bitcoin a 'Pyramid Scheme.

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Retrieved Lee, Timothy. Supreme Court opinion (on Wisconsin Central Ltd. Archived (PDF) from the original on 21 September 2013. 5 Transactions consist of one or more inputs and one or more outputs.

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Archived from the original on Retrieved b Vigna, Paul. Retrieved b Irrera, Anna; Chavez-Dreyfuss, Gertrude.

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"The Economics of Bitcoin Mining, or Bitcoin in the Presence of Adversaries" (PDF). Retrieved 17 December 2013. "Bitcoin Goes to the Big Four: PwC Accepts First Digital-Currency Payment".

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Archived from the original (PDF) on 28 December 2013. Retrieved May 25, 2018. Economics Main article: Economics of bitcoin Classification Bitcoin is a digital asset invented by Satoshi Nakamoto that was designed to work as a currency. 36 Nakamoto subsequently disappeared from any involvement in bitcoin.

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It doesnt serve any socially useful function. What's With All the Bitcoin Clones?". 5 Transactions See also: Bitcoin network Number of bitcoin transactions per month (logarithmic scale) Transactions are defined using a Forth -like scripting language. "Everything you need to know about Bitcoin, its mysterious origins, and the many alleged identities of its creator". 8 Between, the average number of nonces miners had to try before creating a new block increased from.4 quintillion to 200.5 quintillion.