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Bitcoin is a method for exporting cheap energy to the BTC network, nowhere does this imply that the energy need be green. It only need be cheap. A thought experiment: If we found an insane amount of natural gas tomorrow, where do you think the next mines would be built?https://twitter.com/sqcrypto/status/1384901045134974978 …
The fact that bitcoin is frequently mined with renewables is an ancillary result of energy prices, not the other way around. Bitcoiners should be honest with themselves about which way the causal arrow points, it's a joke that people make this arg with a straight face
yep, some guys using the excess energy for btc mining rather than flaring off natural gas was cool and also inadvertently lead to a horrible line of argumentation for btc bulls that they just don't know when to cut losses on
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