I believe the OP was saying power providers should charge slightly more for each cumulative kilowatt hour someone consumes. This way, the top 10% of consumers end up paying more per kW-hr than the median consumer.
The current situation has this reversed: the top consumers of power negotiate discounted rates. So while they use 1000 times more power than the average person, they only pay 70 times as much.
For some reason, it seems that lots of people find cryptocoin mining amoral. It's pretty unclear to me how they got there, but I can only guess that it's something like "free money" or a "get rich quick scheme." To think that I think is to discount the capital and operating expenses, to say nothing of the risk taken on.
To me, it's the fact that all this power, all these computing resources, are basically being thrown away. Nothing useful is done with the computational power. If it was doing something like folding proteins or otherwise using that computational power to better humanity, then it'd be different.
mywittyname|8 years ago
The current situation has this reversed: the top consumers of power negotiate discounted rates. So while they use 1000 times more power than the average person, they only pay 70 times as much.
wyldfire|8 years ago
s73v3r_|8 years ago
s73v3r_|8 years ago