3 ms·
> No countries win the gold-geography lottery (Your country that has no gold reserves can still accumulate) > You can use latent renewable energy to mine bitco
by y4mi 8y ago
> No countries win the gold-geography lottery (Your country that has no gold reserves can still accumulate)
> You can use latent renewable energy to mine bitcoin (the way that miners remain profitable is by using cheap hydro power that would be wasted if not consumed) No need to blow up mountains to sift for gold.
... you do realize that this is a contradiction, right?
i mean yeah, its technically no longer a literal gold mine, but renewable energy sources where you can place power plants such as your mentioned hydro power aren't that abundant.