Re:Why Can't Computing at the Heart of Bitcoin Be More Useful?
by elil17 on Tuesday June 08, 2021 @02:14PM
(#27438803)
Itβs actually worse than gas due to the inefficiencies inherent in power generation and transmission
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Re:Why Can't Computing at the Heart of Bitcoin Be More Useful?
by artifact_44 on Tuesday June 08, 2021 @02:20PM
(#27438864)
nonsense. it's electricity. Gas doesn't have the option of coming from carbon neutral sources.
Re:Why Can't Computing at the Heart of Bitcoin Be More Useful?
by elil17 on Tuesday June 08, 2021 @02:24PM
(#27438903)
Well sure if you happen to live somewhere that has 100% carbon neutral electricity - but in that (very rare) case the electricity use for mining Bitcoin without heating your house is also not an environmental problem. In reality, the vast majority of Russian electricity comes from fossil fuels.
Re:Why Can't Computing at the Heart of Bitcoin Be More Useful?
by imtringued on Tuesday June 08, 2021 @03:04PM
(#27439425)
Turning gas into heat is very efficient. Turning gas into electricity and then into heat is not. Winter heating with renewables is problematic. You need to meet very strict insulation standards for it to be viable.
Re:Why Can't Computing at the Heart of Bitcoin Be More Useful?
by formerly_proven on Tuesday June 08, 2021 @02:37PM
(#27439098)
Electricity generation in Russia is about two thirds gas and coal.