[eru]

Interesting!

We can definitely agree that crypto's demand for electricity basically doesn't care about location. So it puts a floor of demand for electricity generation in remote places. (Also in more accessible places. But there it's relatively less important.)

Electricity is both fungible to an extent, but also not as globally traded as eg wheat or oil.

You are right that on the margin Bitcoin makes generation of renewable electricity more profitable. But it also makes all other electricity generation more profitable, on the margin.

Let's see how this develops.

[justajot]

I'm stoked to see how this develops. Exciting times for sure.