Rabbit Hole Finance

The Truth About Bitcoin Energy with Adam O | RHF 015


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Does bitcoin mining kill the planet? This is a FALSE notion and isn't true about bitcoin. In this video, Adam O tells us the truth about bitcoin and how it consumes energy responsibly. 

You may have recently read an article online stating how bad bitcoin is for the planet and how anyone who is involved in bitcoin doesn't care about the earth. Well, these reports couldn't be more inaccurate and farther away from the truth. 

Bitcoin mining forces miners to look for the cheapest forms of energy and how to best utilize it. Currently, 75% of all the bitcoin mining comes from renewable energy but this fact is often overlooked.

Oil refineries,  dams, you name it all produce energy that is often wasted, can't be sold, or just lost. Bitcoin miners are capture this energy and are put it to good use mining bitcoin. 

Gone are the days of wasted energy. Bitcoin can now preserve the value of energy thus causes entities to think about utilizing their resources.

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Rabbit Hole FinanceBy Matthew Baltzell