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Re:Carbon dioxide peaks near 420 parts per million at Mauna ... by pavlov on Tuesday June 08, 2021 @05:10PM (#27440842)
> "For all you know, the worlds biggest miners are using renewable energy? I mean that could be theoretically possible."

We know they're not. Bitcoin miners seek out the cheapest energy, which is mostly fossil.

We know that even decommissioned fossil fuel power plants are being reopened for this purpose.

That's not some kind of SJW propaganda, you can read about it in the Wall Street Journal: https://www.wsj.com/articles/bitcoin-miners-are-giving-new-l...

Re:Carbon dioxide peaks near 420 parts per million at Mauna ... by lowkey on Tuesday June 08, 2021 @06:56PM (#27442159)
> “We know they're not. Bitcoin miners seek out the cheapest energy, which is mostly fossil.” - Citation needed

My understanding is that the cheapest electricity sources are a result of massive excess energy available far from population sources. These are often renewables including hydro, wind, solar, nuclear and geothermal. In some cases older coal plants with excess capacity will be cheap in the short term, but these are always going to suffer from material operating cost per Gigawatt to pay for fuel, unlike renewable alternatives which mostly require upfront investment but not ongoing fuel expense.

Once the capital is spent on renewable capacity it is a sunk cost and the marginal cost of electricity production is close to zero. That can never be the case for coal or othe fossil fuels that will always have some marginal fuel cost per unit of electricity produced.

If dirty coal and other hydrocarbons are the problem, lets tax or ban those.

Re:Carbon dioxide peaks near 420 parts per million at Mauna ... by bamboozled on Tuesday June 08, 2021 @05:30PM (#27441117)
Solar is the cheapest form of energy generation in 2021 [1], it's for political reasons fossil fuels are a cheaper.

You should be more concerned that your government hasn't banned coal power generation.

[1] https://www.resilience.org/stories/2021-01-03/solar-now-chea...

Re:Carbon dioxide peaks near 420 parts per million at Mauna ... by pavlov on Tuesday June 08, 2021 @05:37PM (#27441216)
If solar was the cheapest, then Bitcoin would be replacing other actually productive energy consumers and forcing them to fossil sources. So getting rid of Bitcoin would still be positive.
Re:Carbon dioxide peaks near 420 parts per million at Mauna ... by bamboozled on Tuesday June 08, 2021 @05:39PM (#27441244)
You can't just get rid of people doing calculations on computers, it's not going to happen without some pretty authoritarian, dystopian hell.

The problem needs to be solved at the source, burning fossil fuels needs to be stopped, today!