> > Do those things, and Bitcoin will literally subsidize and accelerate clean energy infrastructure investment. > If you invest in massive solar and wind plan

> > Do those things, and Bitcoin will literally subsidize and accelerate clean energy infrastructure investment. > If you invest in massive solar and wind plants then use that energy to roll rocks up and back down a hill forever like Sisyphus, that's just more waste. Yeah this is what I don't get from the PoW-is-actually-a-good-thing camp. Presumably if Bitcoin were to incentivize the production of clean energy it would be by using it to mine bitcoin. And even if it makes it cheaper to produce due to economies of scale or whatever, that would just translate into increased mining profits. Bitcoin is an uncapped demand on energy that will soak up all energy production up to a certain price (based on the value of bitcoin) so I don't think it can possibly be net positive for energy production/use.