The Real Cost of Bitcoin Mining
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The Real Cost of Bitcoin Mining
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À propos de cet audio
📍 From the Book: Fools’ Digital Gold
Chapter 11 — The Electricity Vampire
Mining myths, greenwashing, and Michael Saylor’s delusion.
What happens when you build an entire financial system on wasting energy — and then pretend that’s a virtue?
This episode covers:
🔌 Proof-of-Work as a deliberate inefficiency
🛢️ The fossil fuel reality behind Bitcoin’s energy mix
🧛 Michael Saylor’s vampire logic and the PR illusion of the Bitcoin Mining Council
🗑️ The massive electronic waste no one wants to talk about
💥 Why Ethereum moved on — and Bitcoin refuses to
🧠 The cult-like resistance to change, and what it reveals
This isn’t theory. It’s documented. Cited. Broken down step by step in the podcast.
💬 Created via the LLM Notebook
This episode was drafted, dissected, and refined using my research notebook + large language model tools — part of the experiment behind Fools’ Digital Gold. Every stat, claim, and sentence was mapped, sourced, and questioned.