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Nic Carter on Bitcoin Crash, Fed Tightening, How BTC Can Fail & Mining Energy FUD
Coin Stories with Natalie Brunell
Mining Is a Local Phenomenon
electricity is a local phenomenon. It's not globally fungable, right? It's highly localized. And there's these stranded pools of energy all over the place. If you look where miners are sort of active, it's in those places. They're not plonking down data centers in the middle of cities. Were not going to be contributing to grid congestion or scarcity events. As the opposite, they by up energy that's just really not being used otherwise.
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