MAD Bitcoin Energy Savings
Imagine you're a bitcoin miner. You have a huge power bill, you have your capital that is depreciating like a glass of milk in the sunshine, but as long as the price per bitcoin is high and the local government isn't driving you out of the country, things are pretty good. I mean, figuratively speaking, you're printing money.
But think about this for a minute. It's not as if the bitcoin network would work any worse if you and 99% of the mining capacity would turn