Author Topic: Tech.jpg  (Read 35454 times)

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Offline PANTS!

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Re: Tech.jpg
« Reply #555 on: July 04, 2019, 09:20:16 PM »
Quote
#Bitcoin uses 77% renewable power, with most mining situated close to hydro plants where there is excess energy that would otherwise be wasted

Because it's such a struggle to find uses for hydro power?

All extra renewable energy used is energy that can't be used to displace fossil fuel energy. There's no environmentalism in cryptomining, they just go where electricity is cheap, so that they can use as much of it as possible. IMO, electricity should be priced progressively, higher price per kWh the more you use over a standard amount.
Hydro solar and wind are used to fill in when fossil fuels can’t handle the loads.

They should do the opposite. Use alternative sources as the foundation and top off with fossil fuels.

No. You have it wrong, but I am sure you will engage in an extended argument that misses the point and moves the goalposts.

Just know this is a completely wrong statement, and makes no fucking sense if you think about when wind and solar is available.  They are in no way an on demand power source.  Hydro is only partially that, and only for a limited time, and is always much better used as a baseline rather than draining the resvoir to meat a peak demand.
« Last Edit: July 05, 2019, 10:17:18 AM by PANTS! »
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Offline John Albert

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Re: Tech.jpg
« Reply #556 on: July 05, 2019, 08:29:13 AM »
Quote
#Bitcoin uses 77% renewable power, with most mining situated close to hydro plants where there is excess energy that would otherwise be wasted

Got a citation for this statement?

Even if it were true, it's irrelevant where the power for bitcoin mining comes from. The Bitcoin system is still an enormous waste of energy, diverted from productive ends toward idle gambling, and illegal, untaxed, and/or frivolous monetary transactions.

Offline 2397

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Re: Tech.jpg
« Reply #557 on: July 05, 2019, 08:39:06 AM »
Right, I was just replying to one of the twitter comments.

Offline stands2reason

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Re: Tech.jpg
« Reply #558 on: July 07, 2019, 06:31:30 PM »

Offline Morvis13

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Re: Tech.jpg
« Reply #559 on: July 08, 2019, 07:48:17 PM »
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Offline John Albert

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Re: Tech.jpg
« Reply #560 on: July 16, 2019, 05:34:05 AM »
Man uses a drone armed with Roman candles to break up a party


 

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