Everything was a mistake.pic.twitter.com/RnF4AC34KC
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this is the major flaw with “incentivizing renewable energy” claims — the hardware depreciation makes it never worth it to turn the machines off. The idea that you can profitability mine only when there is “excess” energy goes against the economics of it. -
yes, the laws of energy economics are mainly constrained to the older, 'retired' machines. can we at least put our GPUs to something better?? btw I read a paper that reduced hashing Bitcoin to SAT! I have been playing with the idea of encoding NP-complete problems in it somehow
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> are they instead running a load 24/7 Don't see how this contradicts the previous point. Generating via wind and storing doesn't preclude running 24/7, right? (It would just mean that when wind is blowing, you need to be generating *more* than you need for load.)
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~1 MW wind turbine is going to provide something like 1/10th the energy needs of a 5.4 MW mining site
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