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Re:Ethereum will use around 99.95% less energy post merge by doggosphere on Tuesday May 18, 2021 @01:27PM (#27198063)
Electricity has higher economic value due to miners seeking to maximize profits.

This makes investments in renewable energy infrastructure more profitable and paid off sooner. A solar farm has more demand and higher margin for its products.

On the other hand, it means cheap coal energy is also financially productive.

What is anti-economical is the unfair price competition due to externalities not captured by coal energy's pricing.

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