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> Bitcoin isn't incentivized to chase renewables. It's incentivized to find the cheapest power it can get its hands on anywhere on earth and then waste it. And
by cableshaft 5y ago
> Bitcoin isn't incentivized to chase renewables. It's incentivized to find the cheapest power it can get its hands on anywhere on earth and then waste it.
And now renewable energy is the cheapest source of power as of 2020[1].
You do have a point on how there's still emissions generated in the building of wind and solar plants, though, but building wind and solar plants is still our best solution to our electrical emissions other than asking everyone around the world if they would kindly stop using electricity.
"Almost two-thirds of wind & solar projects built globally last year will be able to generate cheaper electricity than even the world’s cheapest new coal plants, according to a NEW report from IRENA"
[1]: https://www.weforum.org/agenda/2021/07/renewables-cheapest-energy-source/ https://www.weforum.org/agenda/2021/07/renewables-cheapest-e...