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Bitcoin is the only buyer in history that will go to the energy instead of asking the energy to come to it. Cheap power exists everywhere. The problem isn't production. It's transportation. Transmission lines cost millions. Pipelines cost more. Most remote energy had no buyer. Mining goes to the source. A facility and an internet connection. A fraction of the cost of traditional transport. The power was already there. Mining gave it a customer. | Simple Mining
0:52
Bitcoin is the only buyer in history that will go to the energy instead of asking the energy to come to it. Cheap power exists everywhere. The problem isn't production. It's transportation. Transmission lines cost millions. Pipelines cost more. Most remote energy had no buyer. Mining goes to the source. A facility and an internet connection. A fraction of the cost of traditional transport. The power was already there. Mining gave it a customer. | Simple Mining
2K views3 months ago
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