> Finally, if energy is one of your biggest expenses, you're economically incentivized to reduce those costs as much as possible. Unfortunately, with Bitcoin (

> Finally, if energy is one of your biggest expenses, you're economically incentivized to reduce those costs as much as possible. Unfortunately, with Bitcoin (and other Proof-of-Work blockchains), the economic incentive is the opposite: to use as much energy as possible, until the return from the block rewards and transaction fees is smaller than the price you pay for that energy. Reducing the energy costs only allows you to use even more energy before reaching that limit, increasing the total costs again.