Bitcoin as a globally incentivized search to find the most irrational seller of electricity: https://www.seattletimes.com/business/bitcoin-backlash-as-miners-suck-up-electricity-stress-power-grids-in-central-washington/ …pic.twitter.com/3dFAbUZ0eG
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According to the article, the answer isn't "hell no", but "That'll be…let's see…how about twice the residential rate".
Any deal acceptable to this counterparty means you're, literally, the dumbest provider in the world.
Bitcoin feels like a Great Filter. The aliens are watching with great interest whether this’ll be the one that gets us. “And they seemed to make it past nukes, too. I had hopes!”
Seems like the uh, law unintended consequences is looming large here. If you are a pc gamer the video game card section at Fry’s and Best Buy is a waste land. Are environmental consequences next?
Why do you think they would consider such contracts if they could always sell excess capacity at premium prices? Something doesn't make sense here
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