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The bottom line is that their transmission lines were built in conjunction with power plants. They weren’t building power plants in the middle of nowhere witho
by PragmaticPulp 6y ago
The bottom line is that their transmission lines were built in conjunction with power plants.
They weren’t building power plants in the middle of nowhere without any plan to get that energy back into the grid, to where it needs to be. There wasn’t an excess of power plants sitting idle with no way to send their power into the grid until Bitcoin came along to consume it.
Mining is, however, negating any potential environmental offset of those plants by consuming the energy before it can be sent to other locations that are still dependent on fossil fuels.