MicroStrategy CEO: Mining Bitcoin has become the world's largest industrial use of energy

MicroStrategy CEO: Mining Bitcoin has become the world's largest industrial use of energy

2021/7/12

In response to the news that "a power plant in New York began to use excess energy to mine bitcoin", MicroStrategy CEO Michael Saylor commented on Twitter that mining bitcoin has become the world's largest industrial use of energy. Bitcoin miners can monetize any energy anywhere, at any scale and frequency, and are more efficient and faster than any competing technology.


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