Re:Cambridge Bitcoin Electricity Consumption Index
by hndamien on Tuesday February 09, 2021 @11:25PM
(#26085741)
If you price carbon for energy production, all industries are incentivised to move clean. Bitcoin miners would love it. This argument is a complete red herring.
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Re:Cambridge Bitcoin Electricity Consumption Index
by imtringued on Wednesday February 10, 2021 @04:38AM
(#26087201)
Bitcoin/cryptocurrency mining is highly mobile though. It's just a bunch of ASICs/GPUs in a room with cheap power and crappy internet. If carbon prices change or get introduced you can just move your mining rigs to a different country.