CD23: the state of bitcoin with @gladstein, @dergigi, and @croesus_btc
Citadel Dispatch
00:00
Is Bitcoin Mining a Waste of Energy?
Bitcoin miners need to be in the two to five cent kilowatt range, right? Otherwise, it's unprofitable and they're going to turn off the machines. In Africa, it's 20 to 40 cents to kill a lot. So this idea that like Bitcoin, like, you know, eats energy that would have otherwise gone to something else, literally makes no economic sense.
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