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Personally I think cryptocurrency is being scapegoated a little bit. It is understandable that they are taking action. Mining's electricity consumption is no lo
by im3w1l 5y ago
Personally I think cryptocurrency is being scapegoated a little bit. It is understandable that they are taking action. Mining's electricity consumption is no longer negligible, and the optics of mining during a shortage are of course terrible.
But, I don't expect the ban to accomplish much. The causes of the shortage is environmentalists making huge promises about renewables that didn't pan out. "Don't build nuclear, we have windmills!" It didn't work and now we are paying for it.
Things will get better in spring, but I shouldn't be surprised if winter shortages become a regularity.