Bitcoin Miners Profit From Cheap Energy "Mistakes"

Bitcoin miners aren't stealing energy — they're buying what nobody else would buy. 💡

Grant McCarty breaks down the economics: if a utility is selling energy to a Bitcoin miner for 2-3 cents per kilowatt hour, it's because they CAN'T get a better price from anyone else. That's not exploitation — that's capitalism.

Miners monetize excess energy that would otherwise be wasted. The utility gets revenue. The miner gets cheap power. The network grows.

#BitcoinMining #Bitcoin #Energy #reDeFined #BitcoinPolicy #BPI #EnergyEconomics

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