Hacker News Reader

Rising prices increases energy used, as miners are primarily constrained by energy costs, and higher prices allows them to use more energy and still be profitable. Higher BTC prices are bad for the environment.

Not necessarily true. There is limited power to go around and finding spaces is also difficult. At scale, this becomes a limiting issue. Just because the price goes up, does not mean that a company can take on the risk of allocating multi-year contracts to expand.

Would you also describe articles that denounce burning down the Amazon rainforest as “FUD”?

Bro tell me what are you planning to buy when your magic token hits a bazillion worthless dollars? Hope you continue to DCA so the whales can have liquidity or are you a whale yourself? Salute in any case.