114. Why Bitcoin Changes Accounting with Darin Feinstein
The Bitcoin Standard Podcast
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Mining Bitcoin, Is It the Lowest Cost?
The average electricity price in the world is about 14 cents. Most competitive miners have something like two, three cents per hour perkilaarour. And that's only available in places where people aren't competing for that energy. If you had hospitals and children and schools and nice things there that needed that energy, they'd be willing to pay much more than just the two three cents the bitko needs. We're subsidizing the growth of renewable energy gener on business as a private company. There is no other industry, there's no other private industry subsidising the growth towards renewable energies. In 100 years we'll be able to harness all the renewable energies you ever need to power everything. It
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