4 ms·
Yeah, I can picture the dude trying to make the national grid something else than a bitcoin input stream... Crypto isnt bad for the environment, it s more terr
by xwolfi 6y ago
Yeah, I can picture the dude trying to make the national grid something else than a bitcoin input stream...
Crypto isnt bad for the environment, it s more terrible for energy efficiency. I d rather spend what miners spend on an entire justice / police / law system to ensure contracts are trusted and enforced.
The one thing that is sure here is that when people try to collect on their newfoubd wealth, there might be some price pressure making everyone poor again.
- fredfoobar 6y agoHow can you convert excess electricity from a hydroelectric power station (which the downstream grid can't handle) into energy for justic/police/law systems? I'm curious.
- geswit2x 6y ago>”excess electricity from a hydroelectric power station” Amazing, the excess is the same size as consumption in Sweden. https://cbeci.org/cbeci/comparisons https://cbeci.org/cbeci/comparisons
- fredfoobar 6y agopower generation is a local phenomena, there are many such stranded/renewable sources of energy. I recommend reading this article: https://www.coindesk.com/frustrating-maddening-all-consuming-bitcoin-energy-debate https://www.coindesk.com/frustrating-maddening-all-consuming...