“This makes Bitcoin miners uniquely symbiotic with energy grids serving as “demand response” partners. If energy is ever in short supply, people get priority over Bitcoin miners. However whenever there is excess energy, it gets monetized. This symbiotic relationship leads to more energy abundance generally.” - Brandon Quittem
Another great piece coming at you today from The Bitcoin Times Ed 4, and by returning author Brandon Quittem, who did the incredible Mycelium Series for understanding Bitcoin through the lens of an organic mycelium like organism. Today he tackles Bitcoin mining, and how the altered incentives of Bitcoin make it a pioneer species that will allow us to expand into energy deserts, and spread the scope of civilization in a way not immediately obvious. Don’t miss today’s excellent read, "Bitcoin is a Pioneer Species."
Link to the original work, with many links for further exploration (drop some massive applause):
https://medium.com/the-bitcoin-times/bitcoin-is-a-pioneer-species-38f42ecdbb88
Why I changed my mind about nuclear power | Michael Shellenberger
https://www.youtube.com/watch?v=ciStnd9Y2ak
Noahbjectivity on Bitcoin Mining | Nic Carter
https://bitcoinaudible.com/noahbjectivity-on-bitcoin-mining/
Bitcoin Mining & the Case for More Energy
https://bitcoinaudible.com/bitcoin-mining-the-case-for-more-energy/
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