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Chris2d ago
At the large grid scale level you are correct about govt intervention risk. But even they would have to mine bitcoin. Because its demand can be variable and intermittent. And monetisable. AI data centres need 24/7 predictable energy supply. The 2 demand profiles are literally polar opposites. Apples to oranges. All our projects are local renewable in nature. Solar and hydro. Nothing for govts to harvest at scale. Good for you for being so open minded.
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Michael Dunworth2d ago
Ahhhh ok yep. Like local farmers waterfall, river, etc… not like hydro dam’s gov built and operated. Yeah, sourcing hydro locally and solar is for sure fantastic. I like the idea of that building out constantly as redundancy for gov risk. Iran is the best case study I’ve seen of gov mining. Banned Bitcoin exchanges, permitted mining. But miners MUST sell coins to the central bank as first option. Iran has had 3% of global hash for a decent time (maybe less now), but that basically means their central bank has been DCA’ing 3% of the networks rewards for like 6-8 years. Haha wild!
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