> Building renewable energy sources in the middle of nowhere to power a bitcoin farm is just completely nonsensical and does noting to help with the shift to re

> Building renewable energy sources in the middle of nowhere to power a bitcoin farm is just completely nonsensical and does noting to help with the shift to renewables. Building renewable energy sources in the middle of nowhere to power nothing also appears nonsensical at first glance, yet it actually happens to the point that energy prices can go negative. For one, some forms of renewable energy are highly volatile and can not just be made to match demand under any circumstance. Hence there is a need for batteries to store this otherwise worthless energy. Today, these batteries just don't exist, wind farms are ideally backed up by gas plants, whose output can be regulated to even out wind volatility. In other cases, wind is backed up by coal or nuclear plants which can not be regulated as well, hence more of that wind energy goes to waste. Secondly, especially in the case of China, these renewable energy projects are meant to raise the domestic product and production capacity numbers, with little regard to actual demand. The electricity grid to deliver all that energy to actual consumers is an afterthought. In due time, these problems shall be solved. Better ways to store volatile renewable energy will emerge, better transmission infrastructure will arise. Bitcoin could be a stepping stone to solve the hen-egg part of that problem.