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This is all FUD. Miners largely use renewable power that is excess, not expensive dirty power plants. Here's a good breakdown of the counter argument: https://

by BluSyn 6y ago

This is all FUD. Miners largely use renewable power that is excess, not expensive dirty power plants. Here's a good breakdown of the counter argument: https://twitter.com/yassineARK/status/1360343382556483587 https://twitter.com/yassineARK/status/1360343382556483587

mgh2 6y ago
The author seems to have a conflict of interest, do you have additional analysis or proof (ex: peer reviewed papers)?
throwawayboise 6y ago
Electric power is fungible. Any renewable power used for Bitcoin is power that cannot be used to offset carbon emissions.
- cwkoss 6y ago
  It is not. Transmission is not perfectly efficient, so location is extremely important. Hence why energy markets have varying prices in varying locations.
  - _Microft 6y ago
    Location is somewhat important. Losses in a high-voltage direct current power line are around 3% per 1000km.
thatfrenchguy 6y ago
This is not how power grids work. Renewables have priority over dirtier peaker plants. If you turn off bitcoin mining, the average CO2 per kw emitted by the grid goes down.
deleted 6y ago
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