“Mining is ruthlessly competitive. Revenue trends to zero every halving. All you need is energy and minimal bandwidth.”

@nprofile1q... lays out why Bitcoin mining isn't your friend—it's a market force that consumes stranded energy, builds infrastructure, then moves on when real consumers show up.

Jurisdictions that get out of the way win. Those that don't lose.


Full episode:

https://fountain.fm/episode/wLcSOyS8mZORCpm6HTpK