This doesn’t make sense. $40mm / 30 PH is $1,333 per TH. At most the machines cost $100 per TH, likely closer to $80 per TH. So if the energy infrastructure cost $1,250 per TH then at current machine efficiency it takes about 78 years of free operations to get to $0.06/kWh.

I think the $40mm refers to all of what Blockstream has raised using BMN. I don’t think all of it has been invested into this project.

One aspect that always seems to be missing from these energy debates among bitcoiners is sovereignty. I can put solar panels on my roof but I can’t refine oil or mine coal in my backyard. Fossil fuels necessitate centralized entities producing and controlling the distribution of the energy.

Solar and wind give us a chance at decentralized energy production. While I generally agree it doesn’t make any sense to integrate these unreliable sources to the (macro)grid I think there’s a possibility microgrids allow individuals and communities to have more sovereignty over their energy sources which solar and wind will help facilitate.