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Yeah we need good things to do with cheap power that don't always have to run and aren't too capital intensive (Making them need to use more expensive power). I
by croddin 4y ago
Yeah we need good things to do with cheap power that don't always have to run and aren't too capital intensive (Making them need to use more expensive power). I'm not sure what is best between Desalination, Aluminum smelting, Crypto mining, or what other good alternatives are.
- brianwawok 4y agoYou are putting crypto mining on the same level to humankind as making drinking water?
- croddin 4y agoDesalination is higher priority overall then crypto mining. There are several factors which make something a good candidate to use excess solar power. Maybe it makes sense for desal to always be running? Crypto can more quickly be spun up or down to respond to the energy market. Crypto mining can be done anywhere with cheap power but desalination needs to be near salt water and where water is needed. We will probably need a mix of several industries to effectively use the cheap power.
- RustyRussell 4y agoIndeed, we're seeing this happening. Bitcoin mining will pay $$$ for your waste power, and an increase in waste power is the problem with wind and solar. We need a shitload of green generation infrastructure, and Bitcoin is going to pay for it. Sometimes the world is weird, sorry.
- deleted 4y ago[deleted]