Bitcoin mining hash rate drops as blackouts instituted in China

Where is it?

Naturally, a summation of the energy expenditure of all of the related components of the existing fiat system must be included, from the totality of all people operating the various functions that facilitate the existing fiat system; i.e. their commutes, aggregate expenditures due to needing to operate physical banks, power usage at these physical banks, etc. are all factored into this calculation... right? All the way to the minting of new currency (probably almost negligible in the aggregate), to all of the security apparatus that ensure that bills are legitimate, to major parts of the US Secret Service that verify that bills are legitimate (including all of their expenses scaled to the proportion of agents dedicated to this task force)... I honestly don't believe that the electricity usage of BTC is higher than fiat currency operation, in the aggregate.

Please share any sources if you have any information that contradicts this. It's an interesting area of open research + I'm curious if I've missed any publications recently.

when the imaginary currency goes away, maybe we can move onto something more efficient like giant rocks with holes drilled in them?

And, while yes, the prices tend to spike into negativity for short periods, that's actually pretty normal to happen for countries which partake in the Synchronous grid of Continental Europe then and now.

The base issue, or at least a bigger part of that then wind/solar is, of that is actually coal. A coal plant needs tens of hours, up to days to shut-down; and then another few days to start up again - and such starts-stops are quite taxing on the plant; it can only survive a dozen of those before requiring major maintenance to happen.

Wind can actually be turned off quite dynamically (rotate the blade such that the angle of attack for the wind goes down to zero), not milliseconds, but a few seconds to minutes.

For the reverse you need storage, things like batteries or hydro (pumped storage) can and are used for that already.

Using terms like "Exportweltmeister" (export champion) in context of the European energy market is just rather non-sense, Germans energy politic is far from perfect, but it was never trimmed for export.

Ponder, for a moment, the way in which governments use the "printing" of fiat money to fund wars (for private sector profit, revolving back into that private sector's lobbying those governments for even more war and military spending).

Ponder, for a moment, the amount of energy and Earth's resources expended to materialize these wars and military spending.

Bitcoin (or, the proof-of-work cryptocurrency concept as such) by its design prevents (or at least very severely inhibits) this type of governmental hijacking for a mere fraction of the resources spent.

This applies to other heavily-subsidized sectors/areas/industries with a powerful lobbying influence/revolving doors/etc.

Imagine if we could vote by paying our taxes in Bitcoin (in a Bitcoin full-blown, mainstream Bitcoin economy) in proportion to specific Bitcoin addresses/accounts allocated for specific policy issues or target governmental groups, and thus have an actual, real and direct democracy instead of a 4-year theatre of false puppets and promises.