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About the Authors Some Relevant Previous Remarks Bitcoin is potential dynamite waiting to be ignited. — Communication with Teddy Shalon, August, 2011 Bitcoin can easily be projected to rise to $20 – $120 within three years. — Communication with Pamir Gelenbe, January, 2013 We expect Bitcoin mining revenues to grow to $600M within three years . . . network capacity will rise 50–300×. The total energy requirement will be at least 12 MW and possibly as much as 70 MW. — Memorandum to Landsvirkjun, August, 2013 [26] I encourage people to do their own research and only risk as much as they are willing to lose in Bitcoin or any other virtual currency. — BBC Newsnight, November, 2013 MtGox failure is not systemic . . . trend of Bitcoin will continue upwards but will be interspersed with price spikes and corrections. — BBC World News & BBC World Business Edition, February, 2014 Presented at University of Iceland, April 17, 2015 Sveinn Valfells, PhD & J ́on Helgi Egilsson Minting Money With Megawatts / 23 2PDF Image | Minting Money With Megawatts
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