The Hidden Benefits of Bitcoin Mining29.24

The energy costs of bitcoin mining are often cited as canceling out the. We must also consider the savings made, in avoiding some of the hidden costs of the alternative.

Critics of gold originally made the same arguments — that the mining and storage cost of gold meant paper money was more economical. However, American Economics Professor Roger Garrison points out that society incurs additional costs under a fiat system.

Original source
https://bitcoinist.com/the-hidden-benefits-of-bitcoin-mining/

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