pull down to refresh
not as bad as I thought
I know, right?!
is gonna difficulty-adjust quite a lot of the big guys out of there
Yup, I talk about this a lot with climate change obsessed normies. Bitcoin mining is actually the kind of thing, that if you do it yourself, and do it green, you're also making it harder for people to be profitable doing it dirty. So anybody that's still worried about mining boiling the oceans...should start mining at home. You can't do that with AI, EVs, video games, microwaves, remote control cars, or anything else. Do those on solar and you're net zero. Mine bitcoin on solar or with heating you were already going to use and your carbon negative.
reply
Bitcoin mining is actually the kind of thing, that if you do it yourself, and do it green, you're also making it harder for people to be profitable doing it dirty. So anybody that's still worried about mining boiling the oceans...should start mining at home.
nice one! Hadn't considered that... put your money where your mouth is sort of action
reply
Hm, that's actually not as bad as I thought. So between the low-homes (Bitaxes or whatever small stuff just for fun) and the more serious heatpunkts (100s of TH/s) or us aspiring heatpunks of 30-50 TH/s (#1470551), we only need about 20-30m people.
Plus, even less. Because most of us home miners are very price-insensitive, whereas the big, corporate guys are the first to be squeezed out... so once we get a few million peeps with heating devices (e.g., #1600253 or 21E in Europe) is gonna difficulty-adjust quite a lot of the big guys out of there