The energy company is also getting a lot more money due to the spike in electricity prices from all the crypto mining. It’s a win win for the oil companies and the government lol.
Discussion
Do you seriously think the energy cost is up due to #Bitcoin mining? An honest question. Yes or no, please.
The Chinese government has been winning so much from the mining, they decided to ban it completely. Sure you know what you're talking about. Keep going troll.
Yes, it is probably and demonstrably going up because of bitcoin mining. That is an irrefutable fact.
Show me the study, troll. You won't.
#Bitcoin miners can use the cheapest energy possible. I'm talking 5 cents per KW. If the energy is more expensive, they move to another state/country/continent or simply sell the hardware because they cant compete. That is an irrefutable fact.
If you paid 1 cent/KW in 2020 and now paying 5cents, you can blame them. If you already paid over $.05 a couple of years ago, it ain't miners pushing the price up but the amount of money, the FED printed since 2020. That is an irrefutable fact. 🤡