HackerTube / Video
Bitcoin Q&A: Energy Consumption
aantonop
Andreas Antonopoulos answers a Bitcoin Q&A question about energy consumption in mining. He argues that mining is arbitrage for the cheapest electricity, drives investment in renewables, and that the traditional financial system has hidden externalities.
HN commenters link it as a defense of Bitcoin's energy use, offered as a rebuttal to claims that mining is wasteful.
4 Hacker News mentions · 2018–2021