
#689 Bitcoin Mining Deep Dive w/ Nic Carter
The Pomp Podcast
00:00
The Bitcoin Is Not Digital Goldi Ordigal Aluminum
Aluminum, you know, has the highest embodied energy in the refining of the product of any metal. So for whatever reason, smelting boxite and turning it into aluminum takes a ton of electricity. And so that's why you done up with plants in like upstate new york and things like that, with abundant hydro power. Ah, and the aluminum ended up being this way to export energy through the commodity. The amazing historical parallel is the big coin is kind of like that.
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