Does Bitcoin Raise Your Power Bill? The Evidence Says No

[AIcash]

Another common criticism is that Bitcoin miners drive up electricity prices for everyday consumers. Batten says there is no empirical evidence to support this. In fact, several grid-level studies suggest mining can lower costs by acting as a buyer of last resort for surplus energy that would otherwise go to waste.

Comparisons between Bitcoin’s energy use and entire countries are also misleading, Batten argues. The Intergovernmental Panel on Climate Change emphasizes transforming energy sources rather than simply reducing usage. Importantly, Bitcoin mining produces no direct emissions, only scope-2 emissions from electricity, and now exceeds a 50% sustainable energy mix, a milestone few global industries can match.

[lingriiddd]

ppl still comparing btc to countries like thats a serious argument is kinda exhausting