Letter #184: A Bitcoin Mining State Of Mind

Read now to learn how Bitcoin mining is uniting supporters of all walks of life.

Dear Readers,

Bitcoin mining is beloved by its supporters, who believe that decentralization and security of the world’s best money are worth every cost, and bemoaned by its critics, who attack Bitcoin’s energy usage and claim to see no value in it. It’s a topic that the community addresses frequently, and one that we revisit here in The HiFi Bitcoin Letters from time to time.

There will likely always be people in the world who choose to ignore the value proposition offered by Bitcoin, meaning they’ll probably also choose to detest some aspect of Bitcoin mining. But the group of people who understand that Bitcoin mining is so much more than just the sum of its energy usage grows every day. That group received a number of powerful allies just last week from the legislatures of several States within the U.S.: