Quote:
|
Originally Posted by Ab
That still doesn't make any sense.
Bitcoin mining consuming electricity has no environmental impact at all unless it was in a place where electricity is generated in a way that has an environmental impact. And then that just proves that certain places generate electricity in dirty ways. That has nothing to do with bitcoin mining.
|
Large-scale crypto miners need more juice --> grid under pressure --> wholesale energy prices rise ---> dirty power plant increases output.
Check out what's happening
in Kazakhstan at the moment.
Its energy ministry said last year "grey" mining may be consuming up to 1.2 GWt of power, which together with "white" miners' 600 MWt comes up to about 8% of Kazakhstan's total generation capacity.