Breaking Down the Bitcoin Energy Debate w/ Nic Carter (Castle Island)
Coinbase: Around The Block
00:00
Is Bitcoin Unique and Special as an Energy Buyer?
Energy is a very local phenomenon, brighton. And so there aren't that many industries that can go around and soak up the excess energy. So if you think about it, like these somewhat location agnostic, heavy industries that drew on energy, we're like the template for bitcoin. But bitcoin is much more modular, much more transmissible. It's not a ton of operating costs, or not a tons of initial investment to get up and runi of.
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