3 ms·

If so, why are many people ok with the notion of the state dictating how electricity should be used?

• kingofheroes 4y ago
  Because the infrastructure that is needed to both generate and distribute electricity (thus making it "usable") is often partially or fully state funded. I think thats the case even in the United States; while power companies are privately owned, the cost of building new electrical infrastructure is often subsidized by city and/or state governments.
  • RestlessMind 4y ago
    So if I were to buy a few acres in a cheap place in the Southwest (AZ or NM or West TX), install solar panels to generate electricity and set up rest of the machinery (ASICs, internet fiber) to mine bitcoins, you won't have a problem with that?
    • ashwagary 4y ago
      I think so, proof of work is ideal for the development and cultivation of stranded energy.