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by burlesona 1894 days ago
Not Coinbase, the miners. The arms race dynamic makes electricity cost the only real limit on mining, and unfortunately the more a single BTC is worth the more kWh you can profitably burn to mine one.
1 comments

It's not the miners, it's the power companies.

Power companies have been burning shitty fuel to save money forever, and it's astounding that they've managed to shift the blame to consumers.