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Bitcoin as Battery – The Slow Hunch by Nick Grossman
It’s somewhat heartening to hear that, per one report, 80% of all Bitcoin mining uses renewable energy,[305] but still, using excessive energy — of any form — is worrisome.
Neel Mehta • Blockchain Bubble or Revolution: The Future of Bitcoin, Blockchains, and Cryptocurrencies
As bitcoin mining is unusually sensitive — reactive, even — to the cost of the energy it consumes, this means it is overwhelmingly likely that Bitcoin will be the cleanest consumer of energy in the world before too long, entirely as a side effect of its brilliant design and not at all because it is conscious of its environmental impact.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
