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by arcticbull 871 days ago
The correct answer is to connect the energy source to the grid or to do something useful with it at the point of generation. If it's being consumed instead to guess random numbers the economic incentive to do something useful with it is suppressed.
2 comments

Miners don't really want to use energy only when it's at a surplus though. Because the equipment is expensive and due to the difficulty increasing it's only viable a short time. So this is an argument that also doesn't really fly (and draws attention to another issue; the e-waste)
On the flipside if all resistive load heaters came with a BTC miner they could get some additional utility from the energy.
Sure, but the gotcha there is that we shouldn't be using resistive load heaters, they're only 100% efficient. Heat pumps are several hundred percent efficient - 300-600% in fact. Whereas resistive heaters convert electricity into heat directly, heat pumps use energy to move heat against a temperature gradient.

The idea that you can be paid to waste this power just creates economic incentives against the improvements we actually need to be making.