Bitcoin Doesn’t Rely on Utilities

Bitcoin Doesn’t Rely on Utilities

“But there is something even more interesting that happens with mining and electricity. Not only does Bitcoin mining add revenue to existing locations of energy production, but it also makes other previously unprofitable energy sources profitable.” –...
The Last Word on Bitcoin’s Energy Consumption

The Last Word on Bitcoin’s Energy Consumption

“If your local energy cost is effectively zero but you cannot sell your energy anywhere, the existence of a global buyer for energy is a godsend.” – Nic Carter What do all the “boiling oceans” alarmist miss about the nature &...
Bitcoin’s Energy Consumption is a Necessity

Bitcoin’s Energy Consumption is a Necessity

… And one of the greatest natural subsidies for renewable energy we could’ve asked for.  Today we hit a piece by Daniel Wingen. A thorough breakdown of the essence of mining, the necessity of its energy expenditure, the incentives for efficiency and...
Bitcoin Does Not Waste Energy

Bitcoin Does Not Waste Energy

 “There is no more important long-term use of energy than securing the bitcoin network.”  Parker Lewis Want to know why? Then you will have to listen to this amazing continuation of the “Gradually, Then Suddenly” series by Parker Lewis on the...
POW is Efficient

POW is Efficient

“The Cryptopocalypse is coming — Bitcoin’s (PoW) is so bad that it’s going to destroy the world in 2020!” -DanHeld Is Bitcoin’s energy consumption going to destroy the world… or not?Clap for the article on Den Held’s Medium page:...