Bitcoin Electricity Consumption May Have Peaked
Bitcoin mining electricity use may have peaked as subsidy growth slows, mining difficulty remains below its previous high, and AI raises the opportunity cost of mining infrastructure.
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Essays by Saifedean Ammous.
Research, arguments and commentary on Bitcoin and economics.
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The Imprisoned-Criminal Fallacy
President Nayib Bukele discovers the corollary of the Broken-Window Fallacy, on which all Keynesian nonsense rests.
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Bitcoin Electricity Consumption May Have Peaked
Bitcoin mining electricity use may have peaked as subsidy growth slows, mining difficulty remains below its previous high, and AI raises the opportunity cost of mining infrastructure.
Read the articleThe Imprisoned-Criminal Fallacy
President Nayib Bukele discovers the corollary of the Broken-Window Fallacy, on which all Keynesian nonsense rests.
Read the articleIMPORTANT SECURITY UPDATE REGARDING COLDCARD
Please read if you are a coldcard user.
Read the articleEdmund Phelps, 1933–2026: A Scholar and a Gentleman
Edmund “Ned” Phelps, winner of the 2006 Nobel Prize in Economic Sciences, died in Manhattan on May 15, at the age of 92. The world has lost one of its most consequential economists. I have lost a friend and mentor who was pivotal to my professional and intellectual development.
Read the articleMilei's Austrian Scam by the Numbers
As a libertarian anarchist and Austrian school economist, I was interested in following the election of the first president in the world who professed to share my ideas. He said a lot of the right things on TV, and his radical policies seemed similar to what I would want implemented. After 30...
Read the articleValue is not a physical thing
To all the people who think bitcoin can’t have value because it’s not tangible...
Read the articleEscalating from Suez to Waterloo
Trump’s Three-Card-Monte Takes on the Chess Grandmasters
Read the articleChapter 2 of The Gold Standard: The Great War
Read Chapter 2 of The Gold Standard here
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