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woeh | 3 years ago

I doubt Bitcoin mining is really suitable to use energy in realtime either. I don't think it makes financial sense to only run your expensive mining equipment during flares. In result the mining will run continuously, and just compete with other energy consumers.

To be honest I know too little about mining costs to dispute this. The Cambridge article about BTC mining using mostly fossils supports my point though. Having said that, I hope you guys are right in Bitcoin mining making energy greener.

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