4 ms·

Aren't miners mainly using hydro power right now?

• kibwen 9y ago
  Hydropower is renewable, but it's not very scalable (once you've dammed up your biggest rivers, that's it, you're done; hydro has been capped in the US for decades because of this). Hydropower is also quite ecologically damaging, though in the local sense rather than the global greenhouse gas sense.
• therein 9y ago
  No they are not.
• Retric 9y ago
  Electricity is reasonably fungible. Hydro power is cheaper locally because you lose energy in transmission, but if they where not using it that energy would be shipped out and replace peaking power.
• outworlder 9y ago
  No, they are using whatever is cheapest.