Though I'm not entirely sure it matters much which one of those is the case here. The difference between cynical exploitation and illconceived idealism isn't much when assessing the results.
Though I'm not entirely sure it matters much which one of those is the case here. The difference between cynical exploitation and illconceived idealism isn't much when assessing the results.
What if someone could create some sort of system that would be geographically localized in order to reduce spam? This was sort of how things worked in the BBS days.
Then ask for channels while stating your interests. Probably the fastest way.
For example, here they do heating of historical buildings (old castles etc - necessary for preservation of wall paintings and other artefacts) with BTC mining. That's good for environment because without the additional funds they would have to burn coal.
There are renewable energy projects that are economical only thanks to Bitcoin, for example a nearby solar park. Not every place has year round sunshine, so you must overbuild significantly - but that costs a lot of money and also destabilizes the electrical grid when there's too much sunshine in the summer. Solution is simple - use the excess energy for mining, fund half the park with revenue from it. The same is done with wind energy.
No matter how creative you get with the accounting, in the final analysis you're burning a lot of electricity with nothing tangible to show for it.
Electricity costs also scale. You're paying 1/4 the electricity cost to heat your "castle" with a heat pump. That - in itself - is very important.
Unless you know about someone here who would offer this kind of deal with heatpumps, it's passe. The castle does not have enough money to invest, they're using donations from people to at least fix the most important problems - so projects like this are extremely important because every cent counts.
They can't invest $XXk and hope it returns in 30 years because they're never going to have that sum to invest, and if they had, they would use it to fix the castle, not for heat pumps. The castle needs it now, not in 30 years.
Can someone help me describe the rhetorical device being used here? “Pyrrhic victory” comes to mind, which describes a win where the cost was so severe it outweighs the benefits, like considering “heating old castles” to be an environmental win while the cost of such is running roughshod over the rest of the world’s environment, but that’s the name for a concept that describes this argument, not the rhetorical device.
It's better to use energy at times of overabundance for something economically useful (money to make the renewable project cheaper = affordable), than to just throw the energy away. If Bitcoin can make renewables more economical, we can stop burning fossil fuels faster. And if Bitcoin causes coal to be replaced with anything, that's a win for the environment too - even if it's a net increase of energy usage and heat, it's still a net decrease of greenhouse gas production which is much more important that reducing energy usage.
Not like we want to expand our gas usage anyways as here we buy it all from Russia, right?
Czech electricity companies allow you to choose your energy mix (green/standard).
2) If you really cared, as a society, you'd pay for the (more efficient!) heat pumps through taxes. Funding inefficient heating with Bitcoin just offloads the financial burden to new Bitcoin investors and is unsustainable in the long run anyway. TANSTAAFL.
2) "if you really cared as a society" is not useful when there's simply not enough money in this society. We're not funding anything, this is a private project. The castle is buying some heat from them for a damn good price, that's it.
On the other hand if you can have a green energy project fund itself with bitcoin while being even slightly net positive then I think that's useful, if only because it'll increase funding to green energy producers and that's a good thing (more users should allow for the benefits of economy of scale).
Storing excess clean energy, now that would help the enviroment. Using excess clean energy for BTC means storage needs to compete with BTC, making storage economically less feasible.
So BTC not only uses lots of dirty energy, it also hinders innovation in using excess clean energy. BTC is just terrible for the environment.
Same logic.
'- winning at all cost (bots, paid advertising, spam) '- the loudest / crassest gets the most information