Re:Bitcoin is not a Battery – it is a Sink
by LAMike on Sunday March 28, 2021 @03:35PM
(#26613504)
I suggest you take a look at the stranded energy market and rethink your premise.
Energy is, at this moment, being overproduced by design
The reason for this is because in case there is an emergency (like a snowstorm in TX) energy producers can switch on overdrive and heat homes.
By increasing the amount of energy capacity we have, we become more resilient to situations that require massive amounts of energy. Society needs an increase in energy production in order to uplift the lifestyle of the world, there is no way around that.
Energy is, at this moment, being overproduced by design
The reason for this is because in case there is an emergency (like a snowstorm in TX) energy producers can switch on overdrive and heat homes.
By increasing the amount of energy capacity we have, we become more resilient to situations that require massive amounts of energy. Society needs an increase in energy production in order to uplift the lifestyle of the world, there is no way around that.