Hacker News new | ask | show | jobs
by jessriedel 2875 days ago
Electricity is highly fungible. Just include the cost of the transmission losses in the price, as is done everywhere that prices aren't being dictated by law. (And regardless, on the scale of 50 miles these are small.)

It is not the job of local municipalities to decide whether Bitcoin transactions are worth the cost of electricity. How could they possibly have the expertise to decide questions like that?