The "What is Money?" Show cover image

Bitcoin is a Pioneer Species with Brandon Quittem (WiM161)

The "What is Money?" Show

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Is Bitcoin Mining Going to Spread Out Populations?

As population growth increases in these areas, then so does the demand for energy. The price of energy goes up, and then bitcoin mining kind of flows off to the next cheapest place. We produce about three times as much energy as we consume. Some miners will stay as an energy sponge to soak up all the excess.

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