Daniel Wingen

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 renewable sources, and the unbelievable cost that is being rescued from wasteful alternatives. Not only is Bitcoin’s energy consumption not a problem, it could be exactly what we need for a brighter future.

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