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Bitcoin is one big disaster for the environment. Mining bitcoin requires an inordinate amount of energy, is a terrible investment these days and fuels crime on the dark web. Is this a contender for the worst idea of the 21st century?

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264,554 görüntüleme • 7 ay önce •via X (Twitter)

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MAX KEISER: Nations are beginning to understand that #Bitcoin is the new prima franca of the 21st century. This is a Sputnik moment where nations around the world race to accumulate the most Bitcoin. The entire global economy is being rebuilt on top of Bitcoin, which is perfect money.
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MAX KEISER: Nations are beginning to understand that #Bitcoin is the new prima franca of the 21st century. This is a Sputnik moment where nations around the world race to accumulate the most Bitcoin. The entire global economy is being rebuilt on top of Bitcoin, which is perfect money.

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MARA CEO: Using Electricity for AI Is Far More Profitable Than Bitcoin Mining Fred Thiel Fred Thiel, CEO of MARA, one of the world's largest publicly listed Bitcoin mining companies, said in a July 23 interview with Natalie Brunell that electricity has become the industry's most critical resource, as the same amount of power can generate far greater returns when used for AI than for Bitcoin mining. This is why MARA and many of its peers are shifting toward AI data centers. However, MARA will continue mining Bitcoin, as it remains an effective way to utilize surplus electricity in regions where energy is free or inexpensive.

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Buying Bitcoin on Coinbase is one-for-one. $7 in, $7 of Bitcoin out. Mining flips the math. $7 of power through a miner can produce $14-15 of Bitcoin TODAY. Here's why it works:
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What is the greatest crime of the 21st century.
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