21.7 Renewable Energy Bitcoin Mining || Alex Gladstein
Wasabi Wallet
Bitcoin miners' sole incentive to minimize costs drives adoption of the cheapest available energy. As renewables become economically dominant (solar/wind in Texas, geothermal in El Salvador, hydro in the DRC), mining naturally shifts toward them. Historical exceptions like Chinese coal deals reflect political factors, not economic fundamentals. Over 10-20 years, mining's cost-seeking behavior will
https://relay.towardsliberty.com/729b502e30b9e0fa92c126dda89e08064f7917372f40be622ed9caf77204f4aa.mp4
Wasabi Wallet
Bitcoin miners' sole incentive to minimize costs drives adoption of the cheapest available energy. As renewables become economically dominant (solar/wind in Texas, geothermal in El Salvador, hydro in the DRC), mining naturally shifts toward them. Historical exceptions like Chinese coal deals reflect political factors, not economic fundamentals. Over 10-20 years, mining's cost-seeking behavior will
https://relay.towardsliberty.com/729b502e30b9e0fa92c126dda89e08064f7917372f40be622ed9caf77204f4aa.mp4