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by ballenf 2881 days ago
If the local systems sold the electricity on the open market and used the funds to subsidize public services or just keep taxes lower, the locals would still benefit and there'd be no bitcoin mining incentive.

The market distortion here means that the overall % of green energy in the country is lower than it otherwise would be.

1 comments

Are you sure that your approach would cancel out the higher costs of electricity on the people living there?