knifefight

8 ms·

1. 1.▲
   Money is not a team sport(somethinginteresting.news)

   1 points by knifefight 6y ago|0 comments
2. 2.▲
   by knifefight 6y ago

   The miner and the power plant operator are often the same entity. They turn the mining equipment on when they want to dump energy, and off when they have more productive places to sell it. Seetee is a good example.
3. 3.▲
   by knifefight 6y ago

   According to Lawrence Livermore Labs 2/3rds of all energy produced is rejected. There is a graphic in the article.
4. 4.▲
   by knifefight 6y ago

   A new Bitcoin mining company founded by a Norwegian energy company, focused on Bitcoin and renewables.
5. 5.▲
   by knifefight 6y ago

   > The only way Bitcoin would use this energy is if they had a contract with the power company to be an on-demand load, switching on and off to help smooth the peaks. But that is exactly how power plants are using Bitcoin. That's the
6. 6.▲
   by knifefight 6y ago

   How would you characterize rejected energy, if not wasted? What is your take on Seetee?
7. 7.▲
   The Blockchain Is a Dark Forest(somethinginteresting.news)

   53 points by knifefight 6y ago|59 comments