Hope Texas power companies don't learn about bitcoin mining
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Not surprisingly, Bitcoin miners are sharp businesspeople.
They follow cheap power, which is actually renewables when factors like subsidies are taken into account.
It’s estimated that Bitcoin mining uses over 50% renewables, and as much as 75%.
Info here and elsewhere:
philippsandner.medium.com
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They follow cheap power, which is actually renewables when factors like subsidies are taken into account.
It’s estimated that Bitcoin mining uses over 50% renewables, and as much as 75%.
Info here and elsewhere:
The Green Bitcoin Theory: How are Bitcoin, Electricity Consumption and Green Energy Related?
With this article, we explain that the architecture of Bitcoin is only beneficial for mining companies that have access to low-cost…
philippsandner.medium.com
Sent from my iPhone using Tapatalk Pro
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