"But Bitcoin is a great way to monetize excess renewables"
No, this was never true. If you make a capital investment in a mining rig, then you want that rig making you money 24hrs, not just when the rest of the grid is not consuming renewables.
You become a baseload leech.
Bitcoin must die.
https://social.platypush.tech/@blacklight/111028903112151981
@aruiz +9001%
#ASIC-Mining like #Bitcoin   should be illegal for being an #EnvoirmentalCrime and creating thousands of tons of 100% avoidable #eWaste.
 should be illegal for being an #EnvoirmentalCrime and creating thousands of tons of 100% avoidable #eWaste.
Because unlike a #Server mining #Monero  you can't repurpose any Bitcoin rig at all.
 you can't repurpose any Bitcoin rig at all.
Also once the last Bitcoin is mined, it'll basically burst as the bubble it is because #fees for #transactions will be absurdly high.
@asei_sano @aruiz yes and it's just bad!
There's a reason noone but capital-flight and tax-evading oligarchs use it these days...
https://www.youtube.com/watch?v=YQ_xWvX1n9g
@eliasr @asei_sano @aruiz feel free to download and self-host m8...