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Troy Cross
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Philosopher. Environmentalist. Bitcoiner.
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Jan 10, 2023
Once they see how mining balances grids... Once they see how mining incentivizes renewables and nuclear... Once they see how mining replaces fossil-powered heating... Once they see how bitcoin substitutes for more carbon-intensive equities...
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Jan 7, 2023
Electricity breaks our simple heuristics, rules of thumb like: “don’t consume scarce resources.” Electricity is both deadly-scarce (looks at those rates in Europe, in Africa!) and at the same time overly-abundant (look at that curtailment, that nega
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Sep 6, 2022
🧵developing an extended rug metaphor--I've been advised to use the word "carpet," but "rug" it is!--illustrating the effects of bitcoin's fixed schedule of issuance, ensured by the difficulty adjustment. 1. Bitcoin mining's total budget is like a BU
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Jan 10, 2023
@AB_Brammer @NYDIG ohhhhhh, that is striking. Must read.
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Troy Cross
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