This article argues that Bitcoin mining is a scam designed by energy producers to sell more electricity. The author, Miles Mathis, claims there’s no logical reason for the high energy consumption of Bitcoin mining, viewing it as a manufactured crisis similar to claimed energy shortages and price gouging for commodities like eggs, chickens, beef, coffee, and chocolate. Mathis suggests that the concept of “peak oil” has always been a fabricated narrative to inflate prices, and the push for electric vehicles combined with increased Bitcoin mining is further evidence of this deliberate manipulation to increase electricity demand and profits. The author also posits that a virtually inexhaustible energy source exists, possibly related to the Sun-Earth link, and that this resource is being deliberately hidden and exploited by a powerful, unnamed group referred to as “Phoenicians” to maintain a system of artificial scarcity and wealth accumulation. The article concludes by linking these alleged manipulations to manufactured economic collapses and societal control, urging readers to resist corruption and live on their own terms.

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