Bitcoin Course | Big Picture Basics 6.3 - Sats Per KWh (pt2)

Free Course Full Lesson https://hashpower.academy/lessons/6-finance-bitcoin/

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Financial Disclaimer:

This video is for educational and informational purposes only and should not be considered as financial advice or an investment recommendation.
The opinions expressed herein are solely those of the presenter and do not reflect the views of Hashpower Academy. Information is provided ‘as is’ and without warranties, either expressed or implied. We do not guarantee its accuracy or completeness. Investing in cryptocurrencies involves significant risk and should be undertaken only by individuals who can afford potential losses. Viewers are advised to conduct their own research and consult a qualified financial professional before making any investment decisions.

Video Transcript:

[Music] one of the most interesting metrics about bitcoin’s network of mining machines on every grid and Off the Grid around the planet is that the whole Network approximately uses .1% of global electricity now with what I just explained to you about SATs per kilowatt and miners ability to be able to sell their electricity at the same rate that they would produce Bitcoin means that electricity itself has a default price in Bitcoin that anywhere on this planet at any time electricity can be converted into currency units spendable on light that means that 0.1% of global energy is dynamically for sale right now and that should be growing and growing so that more energy is always for [Music] sale

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