> You realise
> You realise
> You realise
I realise that article you linked is very thin on details and doesn't describe what they actually do with that gas. Neither the Bloomberg article nor the bullshit marketing piece they link to on the Crusoe wbesite have any details what they actually do.
Your claim that they capture and burn it in the generator is just that: a claim.
Is burning that gas in a generator better than just flaring it? Yes. Is it significantly better? That depends on a large number of ifs that we have no knowledge about, and I'm not inclined to just blindly trust the marketing propaganda.
> 100% of output to Bitcoin? Where did you see that? Do they specifically state that? Because I couldn't see it in the article.
The title of the article is literally "This Houston tech company wants to build renewable energy-run bitcoin mines across Texas".
The very first paragraph is literally "raised $150 million to build bitcoin mines across Texas that will run on renewable energy".
It's not "we're building useful wind farm and redirecting excess energy to bitcoin mining". It literally is "we're building wind farms to exclusively power bitcoin farming".
But sure, we are to trust them that "In times of scarcity, our data centers will go down". Because we know that this is what will surely happen.
> Bitcoin is an energy buyer of last resort so that the energy isn't wasted.
Bitcoin is never the energy buyer of last resort. Because it needs continuous power supply to generate profit.
> why I bother explaining all this to people like you.
Ah yes. It only took one reply to derail into insults. Couldn't expect less from a crypto maximalist.
> It won't affect the economic incentives for a faster transition to renewables.
Indeed. Those same economic incentives that you pretend will surely make those mines shut down when demand outstrips supply.
> You'll just be proven wrong in a few decades,
No, I won't be proven in the next few decades.
> You haven't yet figured out the difference between Bitcoin and the wider "crypto" industry, which is almost entirely a scam.
And that difference is... what exactly?