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Bitcoin mining: Price sensitivity and waste heat utilization
The chapter explores the price sensitivity differences between public Bitcoin miners and home or waste heat miners, highlighting the resilience of home miners who utilize mining for heating purposes. It discusses the efficiency of Bitcoin mining in terms of heat generation and the potential for using waste heat to power AI devices. The conversation also touches on the comparison of global energy consumption for heating, air conditioning, and Bitcoin mining, emphasizing the potential for utilizing waste heat for cooling applications.