Bitcoin costs too much energy to produce. If the bitcoin price keeps going up its because it's costing too much energy to produce. The mega watt hours of electricity cost too much coal burning. That coal energy is a sunken opportunity cost, which is factored into bitcoin's value.
Bitcoin costs too much energy to produce. If the bitcoin price keeps going up its because it's costing too much energy to produce. The mega watt hours of electricity cost too much coal burning. That coal energy is a sunken opportunity cost, which is factored into bitcoin's value.
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