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robot_no_419 | 4 years ago

It's a profitability issue, not a logistics issue. It would not be profitable to convert that natural to electricity if it was used for anything besides Bitcoin.

And worry not, this is benefiting you even if you don't like cryptocurrency:

"The firm estimates that bitcoin mining allows carbon dioxide-equivalent emissions to be reduced by over 60% compared to routine flaring."

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asciimike|3 years ago

> It would not be profitable to convert that natural to electricity if it was used for anything besides Bitcoin.

My sibling comment talks about this a little more, but as someone running data centers on the same technology, I can assure you that it is possible to do profitable compute that is not crypto mining on this technology.

> "The firm estimates that bitcoin mining allows carbon dioxide-equivalent emissions to be reduced by over 60% compared to routine flaring."

https://www.crusoeenergy.com/digital-flare-mitigation has all the stats on Methane, CO/CO2, VOCs, NOx, etc.

For comparison, using one of our GPUs for a month offsets the equivalent of ~400 kg of CO2, which is about the same as a round trip flight from SFO to SEA.