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Bitcoin as Battery – The Slow Hunch by Nick Grossman
“THE ENVIRONMENTAL ISSUES WITH CRYPTOART WILL BE SOLVED SOON, RIGHT?"
everest pipkineverestpipkin.medium.com
In our view, everything discussed so far is a special case of a profound general shift that Bitcoin is slowly but surely bringing to global energy markets: It allows the physical infrastructure for transporting either generated electricity or energy dense fuels to be extended over the internet. It augments a physical network with a digital one.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
Ezra: Bitcoin is an energy disaster. If Bitcoin were a startup and you go to their board meeting, they would probably say we have to work on this energy problem. But given it's decentralized nature, nobody is giong to change it. It makes me wonder if there are downsides to smart contracts being hard to alter.
Ezra Klein • Opinion | A Crypto Optimist Meets a Crypto Skeptic (Published 2021)
Adding a bitcoin mining rig to a renewables project provides a permanent buyer of otherwise wasted electricity, lowering the volatility of cash flows of renewables projects, which in turn lowers their cost of capital, ensures more get financed and on better terms, and drives down the deflation curve even faster given Wright’s Law indicates a strong
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