Re:Ethereum 2.0 – Minimum deposit reached
by viraptor on Tuesday November 24, 2020 @02:50AM
(#25196243)
The problems with that are: 1. Newly built renewable energy goes to mining rigs, while the original demand still exists so coal mines remain. 2. Usage at peak generation means fewer reasons to build energy storage systems for quiet times (they're still handled by non-renewables).
Could that energy go to better (which is subjective of course) things? Sure, but if it's not and there is demand as well as excess supply it incentivises energy companies to at least _keep up_ with what they currently provide.