Re:Ethereum 2.0 – Minimum deposit reached
by SuoDuanDao on Tuesday November 24, 2020 @07:06AM
(#25197677)
Cost of capital is higher in less stable countries though - the backers need insurance against unexpected outcomes either way, corrupt African countries (or some future equivalent) would require less community buy-in but what makes that true would cause other worries to the owners of capital.
Nuclear works in stable, rules-following countries like France where its high energy paybacks subsidise good salaries for an army of bureaucrats enforcing the rules.
Re:Ethereum 2.0 – Minimum deposit reached
by nickik on Tuesday November 24, 2020 @11:55AM
(#25200257)
Nuclear can and will work with far fewer rules and fix cost once you next generation reactors with totally different operational safety requirements.
We are literally stuck with 50 year old technology in nuclear energy, as unfortunately progress has been slow.
With the fuel cost being basically free (thorium), the and the operational cost low because the system runs with little human intervention energy should actually end up incredibly cheap once we engineer these system in a better way.
Nuclear energy has high fixed costs but then scales pretty well. As crypto currencies with PoW become a major industry, it's not difficult to imagine it might be cost-effective to build huge nuclear plants in some corrupt African country. (Africa has also huge untapped uranium ore deposits)