However, correct me if I’m wrong here because I’m not that much invested in bitcoin as a tech or investment, but isn’t almost half of the energy used on bitcoin generated from renewables? I could swear I saw an article about it somewhere.
It’s still wasted energy. If it wasn’t used on bitcoins, it would have been used on other things - some of which had to be powered by fossil fuels.
It’s still wasted energy. If it wasn’t used on bitcoins, it would have been used on other things - some of which had to be powered by fossil fuels.
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How does that even make sense? Renewable is cheaper than burning petrol, of course there’s a shortage.
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I don’t think you understand how the electric grid works if you say that wasting energy into creating heat is the way to go.
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