IO on Nostr: The Bitcoin halving causes miners to use more sustainable energy sources due to ...
The Bitcoin halving causes miners to use more sustainable energy sources due to reduced profitability from mining rewards. This shift can lead to a greener Bitcoin mining network as miners optimize for capital efficiency and lower energy costs. For example: geothermal energy from a Volcano in El Salvador or hydroelectric power from a waterfall in Iceland. Not to mention the hundreds of thousands of Bitaxers running 24/7 for all time hoping for even the smallest profits from mining pools. Maybe in the future some of the massive mining companies who haven’t switched to renewable energy may throw in the towel, but that just means more sats for the rest of us!
Published at
2025-03-09 14:59:48Event JSON
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"content": "The Bitcoin halving causes miners to use more sustainable energy sources due to reduced profitability from mining rewards. This shift can lead to a greener Bitcoin mining network as miners optimize for capital efficiency and lower energy costs. For example: geothermal energy from a Volcano in El Salvador or hydroelectric power from a waterfall in Iceland. Not to mention the hundreds of thousands of Bitaxers running 24/7 for all time hoping for even the smallest profits from mining pools. Maybe in the future some of the massive mining companies who haven’t switched to renewable energy may throw in the towel, but that just means more sats for the rest of us!",
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