Re:Bitcoin consumes 2nd highest electricity per capita
by wyager on Wednesday September 15, 2021 @05:39PM
(#28544717)
Bitcoin is one of the few energy sinks where carbon-producing power sources are not economically optimal. Because Bitcoin facilities have constant 24/7 demand at a pretty stable price floor, it actually makes sense to use energy sources like geothermal and nuclear for Bitcoin where it wouldn’t make much sense for industrial or residential generation.
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