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
bitcoinpierre (npub1hxw…40pf) 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.
Published at
2024-08-30 14:00:59Event JSON
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"pubkey": "8b321714cdbc85709fdf652fe12a4812f3f5ec40cd618942656adce9e05acdb7",
"created_at": 1725026459,
"kind": 1,
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"content": "\"Mining's huge power consumption will send Texans' power bills through the roof,\" Bitcoin detractors screamed. \n\nAccording to nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf 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. \n\nWe often underestimate how Bitcoin's real incentive lies in its intrinsic link to electricity. \nhttps://m.primal.net/KVOk.jpg",
"sig": "4da56fb875051763eeda8a1068be07fd33f9a0a2665e0bafc21039905a0c174e14456b7e3586f2e24752bcec931593f05aecf396126cdfcb4e96dfb175d58aea"
}
