markjgsmith

Notes

Is the whole Bitcoin and energy narative a big con?

Sure it sounds great now, with Bitcoin miners flexibility being used to help energy providers expand their infrastructure, bringing electricity to places that don't have it. But the productivity has to come from somewhere.

Isn't it the case that eventually the companies running the miners won't want to turn them off? Especially since miner revenue halves every 4 years. Surely we are just setting up a bug future arm wrestle between miners and energy companies?

Isn't teaming up miners with electricity providers a cruel anti-freedom insane idea long term? #

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