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I guess one argument is bitcoin mining could run when there's excess renewables capacity, and we should save baseload power generation from e.g. coal and nat ga
by davedx 4y ago
I guess one argument is bitcoin mining could run when there's excess renewables capacity, and we should save baseload power generation from e.g. coal and nat gas for consumers that need it 24/7 like residential, hospitals, airports and the like. This is quite a heavy handed approach indeed, but yeah it is at state level. Maybe a more nuanced Federal level action is necessary.
- zdragnar 4y agoThe problem isn't the perfect regulation, the problem is enforcement. Without a grid so smart that the meter knows that a plugged in device is mining specific types of cryptocurrency, the regulation is worthless. A blanket ban is much easier to enforce, even if "easy" in this context is basically impossible.