News for hackers. Stuff that matters.
Re:Bitcoin mining hash rate drops as blackouts instituted in... by paulgb on Sunday April 18, 2021 @11:04AM (#26853081)
Although I believe it is well-established, there's still a lot of people spreading industry talking points about how it's mostly renewables, in spite of stories like this to the contrary. Motivated reasoning is a helluva drug.
Re:Bitcoin mining hash rate drops as blackouts instituted in... by mavhc on Sunday April 18, 2021 @11:17AM (#26853190)
Bitcoin is an experiment to see if humans will set fire to their own house while they're living in it for a quick buck. The answer is: yes
Re:Bitcoin mining hash rate drops as blackouts instituted in... by DennisP on Sunday April 18, 2021 @11:29AM (#26853309)
I'd say it's one of a great many successful replications of that experiment.
Re:Bitcoin mining hash rate drops as blackouts instituted in... by cdiddy2 on Sunday April 18, 2021 @11:39AM (#26853383)
Well mining in China moves with the seasons. During rainy season excess hydro power in Sichuan and Yunnan is used for mining, during dry season its coal in Xinjiang