Bitcoin Uses a Ton of Energy — On Purpose. Is it Worth It?
Climate One
00:00
Bitcoin: A Battery That Helps Out in Certain Times
The demand response is paying major energy users to turn off their operations. To me, that sounds like Bitcoin miners are claiming squatters rights on the grid where they're saying, we're here and we're going to use all this energy, but if you pay us, we'll turn it off. And to me, that's not a valuable activity or something that should be applauded. No one's going to stop mining Bitcoin. The entire point of creating a solid technology such as Bitcoin is specifically because it is so incredibly secure.
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