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I agree with this. It could only make sense where there is abundant almost free energy. But now people just mine crypto in those places. Carbon capture needs t
by aqme28 3y ago
I agree with this. It could only make sense where there is abundant almost free energy. But now people just mine crypto in those places.
Carbon capture needs to pay better than mining crypto or it won’t happen.
- cozzyd 3y agoToo bad nobody in the "innovative" crypto sector has come up with a Proof-of-Carbon-Capture coin.
- arcticbull 3y agoOh don't worry, they did, several times. It went predictably. Here's one very stupid white paper. [1] [1] https://arxiv.org/pdf/2107.00185.pdf https://arxiv.org/pdf/2107.00185.pdf
- cozzyd 3y agoAs usual, a crypo white paper is indistinguishable from parody
- rtkwe 3y agoIt's been tried at least in theory but blockchains are only REALLY good at keeping track of purely digital things that happen within their chain. Outside of that they're at the mercy of people putting bad data into them. Conceptually how would that reward system even work? It would have to rely on real world auditors to validate that the carbon sinking was actually being performed (and working).
- dredmorbius 3y agoA somewhat related notion, a carbon coin, is a key plot point in Kim Stanley Robinson's Ministry for the Future.