News for hackers. Stuff that matters.

A comment on Every $1 of BTC value responsible for $0.49 in health and climate damages in US. Parent comment

Re:Every $1 of BTC value responsible for $0.49 in health and... by h4kor on Thursday March 04, 2021 @10:18AM (#26343455)
> In the energy market, demand drives supply

> Bitcoin miners don't put their operations in the middle of nowhere and then ask someone to build hydro plants...

So now the demand follows the supply?

[ Parent | on HN ]
Re:Every $1 of BTC value responsible for $0.49 in health and... by ric2b on Thursday March 04, 2021 @10:46AM (#26343839)
Bitcoin mining demand is a small subset of energy demand.
[ Parent | on HN ]