Bitcoin does not escape material reality. It is secured by it.
If the energy crisis moves beyond oil and gas and reaches electricity itself, the real question is no longer whether Bitcoin is bullish or bearish, but whether it remains structurally credible under pressure.
What follows is not a market call, but a systems analysis of where the pressure would land first, what would actually weaken, and what might become more relevant precisely because the surrounding system is becoming more constrained.
https://bitcoincoherenceledger.substack.com/p/when-the-energy-crisis-reaches-electricity
Posted by FJ1989finance
5 Comments
Basically some miners go out of business. Some sell BTC and equipment and do upgrades. The protocol recognizes the longer time to mine a block and will always attempt to adjust back to 10 mins. Difficulty adjusts downward until more miners jump back in the game. This gets discussed every cycle. This is why you can brush off the doom and gloom. Everyone with a bitaxe miner on their desk is about to get rich if the miners stop.
Crash and burn
Should continue to be a motivation for growing sovereign energy sources small or large scale.
so… renewable energy is actually a good idea?
Go figure.
Bitcoin’s code will always survive an energy crisis, but the miners, companies, and investors funding its security won’t, and the price you’re holding reflects their survival, not the protocol’s.