The political case for a blanket cryptocurrency ban

Re:The political case for a blanket cryptocurrency ban by kortilla on Wednesday March 31, 2021 @01:53PM (#26650577)

> This assumes that introduction of new renewable sources of energy is independent from bitcoin mining. As far as I know this is true.

It is not. There are marooned renewable energy sources (dams) that have had limited usage (the dams being mainly for flood control) until miners came along. Building high capacity transmission lines to them wasn’t economical.

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Re:The political case for a blanket cryptocurrency ban by lmilcin on Wednesday March 31, 2021 @01:55PM (#26650612)

So where and how much of the mining network utilizes this or similar?

We are looking for at least significant portion of 130TWh the mining network currently uses. I just don't see all those old dams adding anywhere close to 1% of that value (although you have a chance to post your sources).

You see, bitcoin mining currently uses 10x the amount of capacity used by Google and 50% of what ALL DATACENTERS IN THE WORLD are using.

https://www.bbc.com/news/science-environment-56215787

Your argument doesn't hold any water (pun intended).

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