4 ms·
Yes big players can buy electric energy cheaper than the small guy (or even be paid to consume). Impact on consumer prices or CO2 production is very small and t
by effie 6y ago
Yes big players can buy electric energy cheaper than the small guy (or even be paid to consume). Impact on consumer prices or CO2 production is very small and the blame in CO2 production is shared with the producer. So if there is a problem here it is with big player consumers and big producers increasing total CO2 production. I agree that on a global scale, that is a problem. However, it's not a problem inherent to BTC. If you think you can get rid of big players building dirty plants and producing lots of CO2 by cancelling BTC then you are naive.
Storage of energy was and is very small / non-existent because of large investments needed to build it, and little profit to be gained. It's not BTC's fault.