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ultimately, it's a fraction of miners doing what you say. so as a green miner your personal contribution might be 0, but you're supporting a system that does co
by loktarogar 6y ago
ultimately, it's a fraction of miners doing what you say. so as a green miner your personal contribution might be 0, but you're supporting a system that does considerable harm.
as long as a majority of bitcoin mining happens from non-renewable resources, the network as a whole is damaging.
- autokad 6y agothe vast majority of mining happens off renewable energy, because it doesn't make economic sense to mine on non-renewables. its why 'mines' cluster near hydro plants and places that have good solar.
- PragmaticPulp 6y ago> because it doesn't make economic sense to mine on non-renewables That's not true at all. You can enter a power cost into this calculator: https://www.nicehash.com/profitability-calculator/nvidia-rtx-3080 https://www.nicehash.com/profitability-calculator/nvidia-rtx... It comes out positive using energy prices from virtually anywhere. The idea that mining is powered purely by renewables that would somehow otherwise go to waste (that is, not take fossil fuel plants offline) is pure FUD.
- autokad 6y agoFUD stands for Fear, Uncertainty, and Doubt. I fail to see how it applies in this context