Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for...
by arcticbull on Monday May 01, 2023 @10:55PM
(#35782735)
Not really, I'm suggesting they sell more power to India which is what they do already. They can do that by lowering the price per kWh.
> You’re saying Bhutan should build a smart grid for EVs rather than run a Bitcoin mining operation? I think that’s kinda ridiculous.
Not just EVs, there's plenty of things you can make demand-responsive. Do something - anything - with it. Electrolyze water for hydrogen. Electric smelters. Power for a data center! The world is your oyster.
What's ridiculous is wasting the power on lotto tickets and e-waste and furthering the single least efficient technology humanity has ever conceived of.
Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for...
by lordlimecat on Tuesday May 02, 2023 @07:21AM
(#35785890)
Bitcoin mining generates literally no value for 99.99% of the population, so anything that improves the infrastructure is going to be more valuable than that.
Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for...
by MadcapJake on Tuesday May 02, 2023 @10:56AM
(#35788436)
The maintenance cost of an EV network would far outweigh the cost to maintain a mining op.
Bhutan has 0.15 vehicles per capita, among the lowest in the world. 47% of their popular has no education. You’re saying Bhutan should build a smart grid for EVs rather than run a Bitcoin mining operation?
I think that’s kinda ridiculous.