Actually, #Bitcoin
's energy consumption improves networks stability by allowing to draw value from excess capacity
Storage and transport problems are solved by transforming energy into btc
But that's only a good thing if the energy used is coming from renewables like solar or wind. Using the excess capacity of a coal or oil power plant is efficient but not good for the environment or our finite stockpile of fossil fuel reserves.
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Yes, or nuclear Since solar or wind are highly intermittent, increasing their share requires large overcapacities or coal/oil replacement Mining improves the financial feasability of solar/wind overcapacities
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I don't think nuclear is a good example, because it has an additional cost in the form of risk (and large overhead). Also, it creates nuclear waste, which has a cost. Hydro, however, is a good example. 53% miners are in China, so it's coal that is building the blockchain...
End of conversation
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