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The big miners in China and Iceland are using hydro and geothermal. Pricing the other miners out might have some interesting side effects.
by vinger 6y ago
The big miners in China and Iceland are using hydro and geothermal. Pricing the other miners out might have some interesting side effects.
- exyi 6y agoChina is relying heavily on coal power (AFAIK, can't find reliable source quickly). Iceland has clean energy, but in contrary to the popular wisdom "only" ~30% is geothermal, most is hydro. See https://www.electricitymap.org/zone/IS https://www.electricitymap.org/zone/IS for more detail.
- hulahoof 6y agoThey are taking about the miners, not the grid as a whole. There are some massive operation utilising hydro setups in the middle of nowhere that were otherwise unused