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> The connection is far from remote... rising energy prices are indeed the proximate cause of the current unrest, and Bitcoin is likely the proximate cause of
by throwawaygh 5y ago
> The connection is far from remote... rising energy prices are indeed the proximate cause of the current unrest, and Bitcoin is likely the proximate cause of rising energy prices.
I agree with this. I also agree with nalrey that energy prices are the spark, not the powder keg.
But still, it's a tough pill to swallow that spending a whopping 8% of the country's energy generation capacity on bitcoin mining is even remotely reasonable during an energy crisis...