... And one of the greatest natural subsidies for renewable energy we could've asked for.
Today we hit a piece by Daniel Wingen. A thorough breakdown of the essence of mining, the necessity of its energy expenditure, the incentives for efficiency and renewable sources, and the unbelievable cost that is being rescued from wasteful alternatives. Not only is Bitcoin's energy consumption not a problem, it could be exactly what we need for a brighter future.
Check out the full article and many links to other great works. A number of great charts and tables illustrating the argument to explore as well:
https://medium.com/blockkeeper/bitcoins-energy-consumption-is-a-necessity-and-has-positive-impact-on-the-environment-752502288082
Don't forget to check out Daniel's other works and follow him on Twitter and Medium:
https://medium.com/@danielwingen
https://twitter.com/danielwingen
"In Hunan, an elderly woman in a wheelchair died outside a bank after being forced to appear in person to withdraw her own money...
Today we finish the amazing journey through Jameson Lopp's thorough compilation of Craig Wright's extensive efforts and complications in trying to convince the world...
“I believe that Satoshi Nakamoto, Whoever he/she/it/them is/was, was first and foremost a strategist of the cypherpunk traditions. This is extremely important because we...