The other thing I want to point out is that Hut 8 is one of the founding members of the global Bitcoin mining council, which publishes research on a quarterly basis that specifically addresses the energy sources of Bitcoin mining around the world. What we've been able to demonstrate quarter over quarter is an increased use of renewable energy sources, and we're one of the most renewable-intensive industries on the planet, with over 58% of the Bitcoin mining industry using renewable sources.
One of the challenges we face as an industry is that it is so transparent. Our energy use is well understood and well known, therefore it gets a lot more attention, whereas if you look at other industries, fiat or gold mining or even the gaming industry, for example, you really can't quantify the amount of energy they use the way you can with Bitcoin.
We think of proof-of-work mining as a feature. This transparency and this decentralization are features of the system, and the ability to use it for the greater good, not just in the output of Bitcoin itself but in the ability to monetize energy and to build stable, renewable grids, is truly incredible technology.