Re:Bitcoin miners are buying power plants
by insert_coin on Friday April 16, 2021 @11:37AM
(#26835202)
> This is a failure of the markets...
The failure is governments subsidize so much energy production they effectively take the market out of the equation. Remove government incentives for cheap power at all costs and then you'll see the action of the market.
The failure is governments subsidize so much energy production they effectively take the market out of the equation. Remove government incentives for cheap power at all costs and then you'll see the action of the market.