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> Bitcoin mining would itself encourage greater energy production Bitcoin does not generate energy - it consumes it. And the world does not benefit from any e
by eeZah7Ux 6y ago
> Bitcoin mining would itself encourage greater energy production
Bitcoin does not generate energy - it consumes it.
And the world does not benefit from any encouragement to produce and consume more energy.
- dane-pgp 6y ago> the world does not benefit from any encouragement to produce and consume more energy. Due to the way economies of scale and learning curves work, there might actually be some benefit from encouraging production of renewable energy.