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AJ Scalia & Drew Armstrong on our Energy Future, Finding Purpose, and Leading Cathedra (publicly-listed bitcoin miner)

Bitcoin Rapid-Fire

CHAPTER

The Downstream Effects of Mining on Energy Prices

Mining reduces the cost of energy, or er leads to a general decline in energy prices. It's going to insentivize new and more efficient forms of generation. The downstream effects cannot be overstated. And that's almost the same thing as saying, like, you're directly increasing the wealth of the world.

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