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2024-08-30 14:00:59

rikki6ixx on Nostr: "Mining's huge power consumption will send Texans' power bills through the roof," ...

"Mining's huge power consumption will send Texans' power bills through the roof," Bitcoin detractors screamed.

According to over the past year, the load of mining in Texas has increased by 30 percent while the price of electricity has dropped by 80 percent.

We often underestimate how Bitcoin's real incentive lies in its intrinsic link to electricity.
Author Public Key
npub13vepw9xdhjzhp87lv5h7z2jgzteltmzqe4scjsn9dtwwncz6ekms5p489d