3 ms·
Where is the incentive for everyone to not mine bitcoins?
by tlhunter 2y ago
Where is the incentive for everyone to not mine bitcoins?
- AlotOfReading 2y agoThis is not eliminating use-based billing. It's adding an income based fee on top of rate decreases. You'll still pay for the electricity at some of the highest rates in the world.
- LinAGKar 2y agoSomething that got lost due to the editorialized headlines
- r00fus 2y agoI have solar, and it's mostly (90%) not being utilized and sent back (I overspecced when NEM 3.0 was about to hit). Prior to this, it made sense to sell it back to PG&E. Now I'm looking for uses to only sell back what it makes sense to sell back. Obviously transitioning gas therms and replacing with electric is underway (for heating/cooking), as well as charging an EV but there will likely still be excess. So mining bitcoin? But only if I can spin up & down the mining when solar ramps up/down.
- fragmede 2y agowhere are you located? there's a company doing installs in San Diego doing exactly that