Are bitcoin miners actually energy buyers? NVIDIA CEO Jensen Huang certainly believes so. 

While speaking on a panel called “The Future of AI and Energy,” Huang put forth a thesis that may shed new light on crypto mining. 

According to CCN, he explained bitcoin mining as “taking excess energy and storing it into a new form called currency.”

One of the biggest concerns people have about cryptocurrency mining is the amount of energy required to mine a single bitcoin, let alone millions. 

Crypto operations consume massive quantities of natural resources, especially electricity. In fact, one crypto transaction uses about as much electricity as six homes do in a day, according to Energy Star. 

As such, these…