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A comment on Proof-of-Work Defense for Onion Services. Parent comment

Re:Proof-of-Work Defense for Onion Services by kevinak on Thursday August 24, 2023 @09:01PM (#37256569)
It's mainly the fact that Bitcoin mining sets a price floor on electricity prices. It's a buyer of last resort. Without it you'll get negative electricity prices and less investment in renewables.

See for example what Ercot has to say about Bitcoin mining: https://www.youtube.com/watch?v=gKnRfDeFgr0

[ Parent | on HN ]
Re:Proof-of-Work Defense for Onion Services by foota on Thursday August 24, 2023 @09:25PM (#37256732)
Who needs batteries when you have Bitcoin?
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Re:Proof-of-Work Defense for Onion Services by kevinak on Friday August 25, 2023 @04:44AM (#37259500)
Until you can solve the climate crisis with batteries alone you need other solutions to step-in in the meantime.

Also, batteries don't help when the electricity is in the middle of nowhere and not connected to the grid.

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