4 ms·
Bitcoin Mining Is Reshaping the Energy Sector and No One Is Talking About It
- tppiotrowski 5y agoThis is something I've thought about often. Imagine mining pays $.40 per KWH used and solar costs $.35 per KWH. Now you have a customer that will buy as much solar as you can build until the market if flooded with miners and now mining only makes $.20 per KWH used. The other issue is that if coal costs $.15 per KWH, no one will be interested in renewables.