Dave Appleton
Mar 24, 2021

--

You are not thinking straight.

Gold mining produces gold. In addition to that you have the cost/energy usage of the entire gold market including every bullion exchange, the energy banks apportion to gold, transporting it at every stage of its life, fort Knox etc.

Bitcoin mining is a SIDE EFFECT of keeping the ENTIRE bitcoin system running.

--

--

Dave Appleton
Dave Appleton

Written by Dave Appleton

HelloGold's blockchain lead and Senior Advisor at Akomba Labs; a technology anachronism who codes, teaches, mentors and consumes far too much caffeine.

Responses (1)