Re:Ethereum will use around 99.95% less energy post merge
by cwkoss on Tuesday May 18, 2021 @02:47PM
(#27199240)
Arguably, all of the Bitcoin miners.
Bitcoin mining creates a price floor for energy. It is a buyer of last resort with infinite appetite. By pushing up the value of energy in the market, it encourages expansion of energy production.
Bitcoin mining creates a price floor for energy. It is a buyer of last resort with infinite appetite. By pushing up the value of energy in the market, it encourages expansion of energy production.