Bitcoin's Impact on Texas
Bitcoin mining has led to a conservative annual increase of $1.8 billion in costs for Texas electricity consumers, translating to about a 5% rise for non-mining customers. The discussion also delves into the emissions associated with bitcoin mining, highlighting that 85% of the additional load it creates comes from coal and natural gas plants. Understanding the distinction between average and marginal emissions is crucial for evaluating the true environmental impact of this energy-intensive activity.In this clip
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Catalyst with Shayle Kann
The great Bitcoin energy debate | Catalyst with Shayle Kann
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