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Troy Cross on Bitcoin Energy Use, Environmental Impact, Mining and more

Coin Stories

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Mining

There are people working on a product right now. The problem is it's hard to mine in proportion to your holdingsriht with the right kind of energy. People have their own favorite forms of energy, and bit coin will be neutral on what you use. When you hold, by driving up price, ouyou make mining more valuable. And so that these two forces that you're offering to the market, driving up price and driving up difficulty, are perfectly balancing.

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