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Bitcoin is one of the few energy sinks where carbon-producing power sources are not economically optimal. Because Bitcoin facilities have constant 24/7 demand a
by wyager 5y ago
Bitcoin is one of the few energy sinks where carbon-producing power sources are not economically optimal. Because Bitcoin facilities have constant 24/7 demand at a pretty stable price floor, it actually makes sense to use energy sources like geothermal and nuclear for Bitcoin where it wouldn’t make much sense for industrial or residential generation.