SLP478 Debunking Digiconomist on Bitcoin Mining with Ben Gagnon
Stephan Livera Podcast
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The Importance of Bitcoin Mining
When you look at electricity consumption as countries, it's an exponential curve starting with China. And so when you get down to a country like Argentina, which is a G7, and they consume about 0.1% of the world's electricity, that doesn't make any sense. Bitcoin mining works really best if like, if you're looking at the normal distribution curve,. Like, we're here to monetize inefficiencies that are already present in these systems.
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