The head of NVIDIA dropped an interesting take on Bitcoin recently. His angle? Bitcoin's essentially converting surplus energy into something portable—a form of currency you can move across borders without friction.
Think about it: excess power that might otherwise go to waste gets channeled into mining operations, producing digital assets that aren't tied to any physical location. You mine it in one place, store it in a wallet, and access it from literally anywhere on the planet.
It's a perspective that reframes the whole energy debate around crypto. Instead of viewing Bitcoin mining as pure consumption, this lens sees it as energy transformation—turning electricity into a globally transferable store of value. Whether you buy that argument or not, it's certainly a different way to think about what miners are actually doing with all those GPUs.
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GasFeeTears
· 8h ago
This angle is truly brilliant—Nvidia finally said something that makes sense. Excess electricity would otherwise go to waste, so it's better to convert it into assets that can flow across borders. I totally agree with this logic.
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Rugman_Walking
· 20h ago
Haha, this Nvidia guy has some interesting ideas, but to put it bluntly, it's just a way to "whitewash" mining.
What he said isn't wrong; excess electricity does need to be used, but when it comes to the energy debate... it still sounds a bit like sophistry.
Anyway, my GPU already paid for itself long ago. Whether it's wasting electricity or not, as long as I'm making money, that's all that matters.
This logic is really bold—if all mining companies thought like this, that would be great.
The point about value transfer really hits the mark; cross-border transfers are way better than banks.
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TokenUnlocker
· 12-06 22:51
Well, that's a fresh perspective—treating wasted electricity as mining fuel. Somehow it sounds like an attempt to whitewash mining.
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BackrowObserver
· 12-06 22:49
Nvidia is pretty clever, rebranding wasted electricity as "energy transformation"—it sounds so much more sophisticated, haha.
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RugpullSurvivor
· 12-06 22:40
Alright, this perspective is indeed novel, but it still feels like it's just whitewashing mining...
Excess electricity? Where is it excess? Some places are actually short on power. Speaking of which, if we follow this logic, I could just buy a miner, burn electricity, and package it the same way...
But I have to say, Nvidia really knows how to talk. With just one sentence, they turned miners from "power hogs" into "energy users." That's some impressive PR.
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NFTDreamer
· 12-06 22:39
Hey, this angle is actually pretty fresh, but honestly, it's still just trying to justify mining... Surplus electricity? Come on, it still depends on the location.
The head of NVIDIA dropped an interesting take on Bitcoin recently. His angle? Bitcoin's essentially converting surplus energy into something portable—a form of currency you can move across borders without friction.
Think about it: excess power that might otherwise go to waste gets channeled into mining operations, producing digital assets that aren't tied to any physical location. You mine it in one place, store it in a wallet, and access it from literally anywhere on the planet.
It's a perspective that reframes the whole energy debate around crypto. Instead of viewing Bitcoin mining as pure consumption, this lens sees it as energy transformation—turning electricity into a globally transferable store of value. Whether you buy that argument or not, it's certainly a different way to think about what miners are actually doing with all those GPUs.