Is it possible to have a climate-friendly variant of bitcoin where miners can only operate using negatively priced electricity (surplus from renewables)? They'd then mostly have the effect of making it more economic to increase the contribution of renewables to base load.
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Proof of work as battery, of sorts, storing value instead of electricity? If I'm understanding right I like the idea!
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Nice way of putting it!
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proof-of-climate-friendly-work
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Hardest part of this proposal is that it simultaneously trades off significantly with Szaboian social scalability. Any sort of supra-protocol consideration likely introduces the need for an oracle (which introduces a host of governance issues Bitcoin is ill-equipped to handle).
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How much of that problem is lack of demand (other places don't want the energy) vs lacking infra to transport/store?
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