The following is a direct excerpt from Marty’s Bent Problem #1203: “Do not hand in the frame. Power consumption is good.” Sign up for the newsletter here.

As you geeks may know, I believe many in the North American bitcoin mining industry are making a long-term strategic mistake in their attempts to mollify the world’s climate hysteria by pointing to the fact that many bitcoin miners use renewable energy and that this is the case will help phase out fossil fuels over time.

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