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RE: Debunking bitcoin energy myth in one sentence

in LeoFinance2 years ago

Could be profitable especially if local government gives subsidies for solar. There are businesses who take advantage of this and mine bitcoin. Overall though, I would erase subsidies altogether, they've only managed to distort the market and create malinvestments for solar and wind, while underinvesting for fossil and nuclear which are much more cost efficient and necessary for stable grid, without which renewables wouldn't even function.