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by lightgreen 1960 days ago
If you don't generate power and hydro power plant, you just overflow it, there is no damage in consuming this electricity.

If sun is shining, and you don't generate solar electricity, if you heat it, and that's it, there's no damage taking solar electricity.

And so on.

> The idea that the majority of the energy used for bitcoin is generated in such places has no real basis in fact.

It is based on fact. For example: "In so doing, the CoinShares team found that bitcoin miners were using a disproportionate share of renewables." https://www.vox.com/2019/6/18/18642645/bitcoin-energy-price-...

But the original idea that bitcoin is a gigantic CO2 disaster is definitely not based on facts.

1 comments

> If sun is shining, and you don't generate solar electricity, if you heat it, and that's it, there's no damage taking solar electricity.

Don't use solar panels where the electricity from them can't be fully utilised, they have an environmental cost to build.