«renewable power will always be at a premium over the cheapest power.» That's patently false. The share of global electricity that's going into crypto mining i

«renewable power will always be at a premium over the cheapest power.» That's patently false. The share of global electricity that's going into crypto mining is small enough—less than 0.5%—that it's too small to directly affect the price of renewables. In fact some mining ventures are even starting to build their own private power plants (one example: https://news.bitcoin.com/20mw-solar-farm-set-to-power-crypto-mining-in-rural-australia/ https://news.bitcoin.com/20mw-solar-farm-set-to-power-crypto...) There is no reason why this would increase the cost of renewables. More money, more R&D, more infrastructure deployments will in fact in the long term push prices downward for the rest of us (economies of scale):