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OK, as usual pretty stupid take from The Financial Times peeps. BUT surprisingly, not entirely negative.
Non-paywalled here: https://archive.md/izYrX
...there are other areas, in Texas and elsewhere, where renewable energy supply exceeds demand and prices are relatively low — enough that even part-time mining with older equipment makes sense. This is not an endlessly replicable strategy. But as far as it goes, it is a nifty trade.
At least this bit is true (nobody cares about green shit, at all or anymore):
After all, it is not obvious there is a market for truly green bitcoin.
there are other areas, in Texas and elsewhere, where renewable energy supply exceeds demand and prices are relatively low — enough that even part-time mining with older equipment makes sense. This is not an endlessly replicable strategy. But as far as it goes, it is a nifty trade.
That's what I was looking at in the north of Germany at the Baltic Sea, where Denmark, Sweden and Germany produce much more energy than they consume. But since Germany has way too many regulations and hurdles, I never got into the details of mining excess energy there.
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