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Seeking Alpha 2021-11-19 17:49:00

Powering Bitcoin Miners With Stranded Carbon

Europe's recent energy experience raises the question of whether Americans might bear a similar burden if domestic production growth does not re-accelerate.In our view, politically driven and thus artificial supply-side constraints in primary energy markets are creating more arbitrage opportunities in global energy markets thanks to Bitcoin, vs. pre-Satoshi.Last week's news that the Russian Duma is also considering whether to legalize Bitcoin mining shows Moscow understands the value of stranded carbon as well.

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