6 ms·
This is pretty cool. Cryptocurrency mining is a great use for "stranded" energy like this. Rather than just being burned off, it secures the distributed network
by chizhik-pyzhik 5y ago
This is pretty cool. Cryptocurrency mining is a great use for "stranded" energy like this. Rather than just being burned off, it secures the distributed network.
- jjtheblunt 5y agois the value rewarded by mining greater than the value of energy spent during mining?
- chizhik-pyzhik 5y agoYes, because in this case the value of the energy spent is zero- it would have simply been burned off into the atmosphere. Similar concept as mining next to underutilized hydroelectric dams.