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Melingo | 2 years ago

That's the problem not a solution.

This should incentive people to build energy storage not burn through it...

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lowkey|2 years ago

I would be all for innovating new grid scale energy storage technologies.

Until we have those, Bitcoin mining results in more renewable energy investment, not less.

In the meantime are you arguing we should ban Bitcoin mining and eliminate the subsidy that enables us to build out renewables?

How is the world better off with less renewable energy investment?

Melingo|2 years ago

It blocks renewables.

It consumes them.

Show me a real project which actually had a energy net positive and don't show me all those garbage green washing papers from Bitcoin companies which do not proof any of this.