The Pomp Letter
The Pomp Letter
Bitcoin Energy Consumption Is Non-Linear
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Bitcoin Energy Consumption Is Non-Linear

To investors,

The conversation around the energy consumption of the bitcoin network continues to be front and center in the mainstream media. Last night I saw a tweet from Andrew Ross Sorkin of the NY Times and CNBC that reminded me how nuanced the details can be.

It all started with a screenshot of this chart that was shared by Galaxy Digital’s research …

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