122. Can bitcoin fix renewables? With Dan Roberts
The Bitcoin Standard Podcast
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Using Intermittent Energy Sources for Mining
Bi coin mining as a an interstructure like play, is heavily asymmetric. As the price of bitcoin goes down, high cost miners switch off. The in philosophy since day one is, don't stuff it up. Don't kick your non goal. How do you remove every attack becter possible in your business? We don't do shipping containers. We don't go behind the metr we don't rely on leases short term and run around geing. We own, operate our own verdically integrated darta cetto business. So how does that philosophy then apply to power? Well, you want long-term, sustainable access to power. You need 70 billion
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