@rdhfeertuhrehr
Bitcoin’s price has a complex link with global energy prices. Mining relies heavily on energy, so rising electricity or oil costs increase operational expenses. Higher costs may force less efficient miners to exit, reducing hash rate and potentially limiting supply, which could lift prices. Conversely, when Bitcoin’s price surges, miners may absorb higher energy costs to profit, creating a feedback loop. But this relationship isn’t linear—technological efficiency gains in mining can mitigate energy price impacts.
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