5 ms·

Doesn't it seem like PoW is a bad use of our limited electricity resources?

• kragen 5y ago
  Electricity resources aren't limited; electricity gets cheaper when you install more solar panels, not more expensive. That will continue to be the case for the next three orders of magnitude of marketed energy consumption growth.
  • TheDudeMan 5y ago
    When does it start? https://www.statista.com/statistics/183700/us-average-retail-electricity-price-since-1990/ https://www.statista.com/statistics/183700/us-average-retail...
    • kragen 5y ago
      In six years, most places, though places like Chile and the UAE are already seeing the benefits.
      • ianai 5y ago
        How are you measuring this? Got a link?
        • kragen 5y ago
          Some of my older notes on the topic are listed in https://dercuano.github.io/topics/energy.html https://dercuano.github.io/topics/energy.html, and there are further notes in Derctuo and Dernocua. Unfortunately I don't have a very clear summary anywhere.
          • ianai 5y ago
            Those are some cool reads!
            • kragen 5y ago
              Thanks! I didn't know anybody was reading any of them.
              • ianai 5y ago
                I actually stayed at Arcosanti for a few days in college. Very cool concept that I wish had more traction. Maybe with a touch of what people are ready for today.
                • kragen 5y ago
                  I hope I have a chance to visit!