5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC099: Michael Saylor's Deep Dive on Bitcoin Energy Misconceptions (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Efficiency of the Network Is Increasing

As of today, Bitcoin has taken up maybe 15 basis points of the world's energy. The efficiency with which that encryption is taking place is improving somewhere in the range of 36 to 40 percent a year. If Google and Microsoft decided tomorrow they're going to turn all of their data centers into Bitcoin mining data centers, it would probably be like a million dollars to coin because they don't have ASICs.

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