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the return on electricity probably doesn't feature the potential explosive growth the same way bitc mining does. This is gambling on bitc but hedging using ele
by LegitShady 5y ago
the return on electricity probably doesn't feature the potential explosive growth the same way bitc mining does.
This is gambling on bitc but hedging using electricity sales.
- oblib 5y agoOk, that could be a win for consumers if bitcoin takes a dive. But for sure consumers should have to subsidize bitcoin operations like this who could also put a strain on the grid at times. There needs to be regulation on those kinds of uses. The grid has to allocated to people and production of real goods and services first. Using it to mine bitcoin needs to be taxed when any of that power comes from public funded accesses to it.