The Great Simplification with Nate Hagens cover image

Alex Gladstein: "Debt Colonialism, The Petrodollar, and Bitcoin"

The Great Simplification with Nate Hagens

CHAPTER

Bitcoin Mining: The Future of Energy

Bitcoin is already more than half powered by nuclear plus renewables. It's increasing it at 6% a year in this direction, according to environmentalist Daniel Batton. He says Bitcoin miners are only going to use the cheapest possible energy. They're margin of profits really tiny and they can't compete with residential consumer of energy.

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