4 ms·
No, BTC doesn't just consume leftover energy. It causes delays in overhauling our energy grid. Renewable generation must be paired with storage to get past a c
by isoprophlex 6y ago
No, BTC doesn't just consume leftover energy. It causes delays in overhauling our energy grid.
Renewable generation must be paired with storage to get past a certain % of share in the energy mix. BTC mining is analogous to just turning off windmills or solar panels during times of excess production. Presence of BTC miners removes market pressure on grids that make storage feasible.
BTC is actively harmful to the environment. Proof of work is an abomination.