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Mine bitcoin with the excess energy. That makes it immediately valuable.
by tenuousemphasis 5y ago
Mine bitcoin with the excess energy. That makes it immediately valuable.
- elil17 5y agoI’m not sure if that’s meant as a joke. Adding more hash rate to the blockchain does not create value for society.
- scotty79 5y agoIncentivising people to build more solar and wind turbins creates value for society.
- elil17 5y agoYeah but why not incentivize them to use them to use the excess electricity for something useful like carbon capture?
- scotty79 5y agoBecause that would require political action. So it won't happen because it doesn't benefit the rich. Meanwhile crypto is doing that whether anyone likes it or not.
- elil17 5y agoI think there’s good political backing for DAC because it’s a solution that doesn’t really interfere with power structures. The issue is we have limited capacity on the CC infrastructure side, not the energy side. If we had the CC infrastructure you could already sell CC credits in California.