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742 sats \ 0 replies \ @TheBTCManual 3 Sep 2023
When I started to learn about energy I really didn't think much about supply, demand, and storage but the more I learn and talk to people in the space the more I think Bitcoin mining eventually comes the standard in the energy sector.
If you've got massive capex and you're trying to maximise profits on it and your competitor isn't he is going to get rekt because you have a lower cost basis, so either you capitulate and mine or you die and get bought out and the miners are added eventually
I'm also bullish on it being a great way to bootstrap new energy sources and then getting outcompeted for more value added stuff later
Zero hedge sure as a lot of readers with Bitcoin Derangement syndrome and very heavy gold and silver bags lol
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21 sats \ 0 replies \ @grayruby 2 Sep 2023
Missed this one. Thanks for sharing.
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50 sats \ 2 replies \ @sudonaka 3 Sep 2023
ZH comment section always so crispy
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570 sats \ 1 reply \ @orthwyrm 3 Sep 2023
Top comment:
Checkmate laser-eyes.
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50 sats \ 0 replies \ @sudonaka 3 Sep 2023
Iām so shook rn whole life is a lie
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14 sats \ 0 replies \ @BlokchainB 2 Sep 2023
From the article:
ššš very well said! DRILL BABY DRILL
Not financial advice but if you want a leveraged fiat play it could do you justice to buy bitcoin mining stocks as well. If mining and the building out of new energy production this could be a massive opportunity for growth. Thing is it might take 10-20 years for it to develop.
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70 sats \ 2 replies \ @nemo 2 Sep 2023
deleted by author
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32 sats \ 1 reply \ @grayruby 2 Sep 2023
Normies and closet bitcoiners always feel they need to caveat their support of Bitcoin.
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32 sats \ 0 replies \ @kepford 2 Sep 2023
Yep. Most people are not comfortable being nonconformist.
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