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by heurist 972 days ago
What's the incentive to create it without something like Bitcoin mining, which can be deployed practically anywhere with an energy source and internet connection, to balance out the costs of doing so? Even if there are better uses, if we can't transport the energy now then it's pointless to build new stranded energy sources. Bitcoin provides the incentive to start that development now. Maybe in the future, batteries will offer a better use of the energy, and won't we be glad to have the existing energy source as soon as that happens?
1 comments

You misunderstand the problems with energy production, we already produce excess. The plant produces a fix amount of KwH, wether it's used or not. So some of it isn't used, and is considered excess.

It can be used to do anything, but for some reason you want it to do crypto.

The excess can’t be used for ‘anything’, just for the types of flexible demand that can quickly migrate across space and/or time.