Bitcoin Miners Created a New Product: Megawatts

This story was originally published on HackerNoon at: https://hackernoon.com/bitcoin-miners-created-a-new-product-megawatts. The GPU migration is not really about GPUs. It is about who controls power. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #btc, #bitcoin, #emcd, #web3, #mining, #bitcoin-mining, #btc-power, #good-company, and more. This story was written by: @MichaelJerlis. Learn more about this writer by checking @MichaelJerlis's about page, and for more stories, please visit hackernoon.com. The GPU migration is not really about GPUs. It is about who controls power, who can sell compute, and who is exposed when Bitcoin mining stops paying like it used to.