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A comment on Ethereum will use around 99.95% less energy post merge. Parent comment

Re:Ethereum will use around 99.95% less energy post merge by Geee on Tuesday May 18, 2021 @11:02AM (#27195566)
There are no economies of scale in PoW. At least for longer term. Cost of energy rises locally the more you use it. Cheap energy is somewhat equally distributed around the globe, which ensures geographical decentralization.
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Re:Ethereum will use around 99.95% less energy post merge by logimame on Tuesday May 18, 2021 @11:10AM (#27195683)
Energy prices aren't really distributed equally around the world:

https://www.globalpetrolprices.com/electricity_prices/

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Re:Ethereum will use around 99.95% less energy post merge by Geee on Tuesday May 18, 2021 @11:49AM (#27196287)
This has more to do with electricity demand. It's important to understand the relationship between energy price vs. population density and standard of living. Energy is always cheapest where population density and standard of living are the lowest. That's why bitcoin mining will find it's way to remote sources of natural energy.
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Re:Ethereum will use around 99.95% less energy post merge by micropresident on Tuesday May 18, 2021 @11:28AM (#27195942)
That has nothing to do with economies of scale.
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