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As hydropower is clearly the cleanest and cheapest source of electricity and would be used first in any location, bitcoin miners are essentially shifting other
by mikeyouse 11y ago
As hydropower is clearly the cleanest and cheapest source of electricity and would be used first in any location, bitcoin miners are essentially shifting other power consumers to carbon-based sources.
- mrb 11y agoI don't think they are shifting other consumers. More and more often we have seen that large miners either build their own mini-power plant[1] or use excess hydro power in remote areas that would otherwise be unused[2]. [1] http://thenodepole.com/2015/06/04/kncminer-to-build-new-20mw-greenfield-datacenter-in-the-node-pole/ http://thenodepole.com/2015/06/04/kncminer-to-build-new-20mw... [2] https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310 https://bitcoinmagazine.com/articles/the-unknown-giant-a-fir...