The Mining Pod | Blockspace Media cover image

The Folly of the Mega-Mines | Steve Barbour | Compass Podcast

The Mining Pod | Blockspace Media

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Is Bicoy Mining a Good Solution?

The economics of projects is skewed by subsidies. It's impossible to discern if a renewable project is actually a costit has a cost basis that it does. A mining makes everything more efficient on the actual power generation side of things. There are these, ah, call it subjective social credits and subsidies all through the supply chain. And those subsidies actually have a hidden cost, which is how are they funded,. Which is usually taxation or signerige, like effectively printing money. So it's not that easy to compare anything any more because the market is so skewed.

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