Re:Ethereum will use around 99.95% less energy post merge
by strgcmc on Tuesday May 18, 2021 @12:53PM
(#27197512)
If carbon taxes go up, miners will be incentivized to pursue low/no-carbon alternative energy sources, thereby accelerating the shift to cleaner energy. Mining can either be viewed as creating a profit incentive where none existed before, or at least enhancing the profit incentive even further. Clean energy needs more profit incentives to really scale adoption.
I am all for carbon taxes, to shape the market towards cleaner energy. And I do think it will successfully push miners even faster towards adoption of other energy sources.
I am all for carbon taxes, to shape the market towards cleaner energy. And I do think it will successfully push miners even faster towards adoption of other energy sources.