21–30 of 431 posts
Earlier quoted context omitted.
>My heart goes out for those poor miners slaving away for... what? coal?
... to appease Germany's environmentalists who saw shutting down working nuclear plants as a major win. (Yes, I know it's a different source of coal. But energy, in the age of oil tankers and thousand-mile pipelines, is fungible.)
Earlier quoted context omitted.
... to appease Germany's environmentalists who saw shutting down working nuclear plants as a major win. (Yes, I know it's a different source of coal. But energy, in the age of oil tankers and thousand-mile pipelines, is fungible.)
What? This makes zero sense. Germany gets 24% of electricity from lignite/coal - down from 45% 6 or 7 years ago.
Yes, things are improving slowly. Yes, it is still crappy compared to the smart play.
The article ends weirdly abruptly: > It should also be noted that a mining difficult adjustment ... what?
Crazy. Wondering why they got cut off? Here is more info https://ca.finance.yahoo.com/news/bitcoin-mining-pool-hashra...
Earlier quoted context omitted.
No. Literally Germany's coal is specifically because its their own coal, a natural resource within their own borders they control. For national security, they maintain a coal capacity. Germany's coal burning is national security, nothing to do with environmentalists.
National Security. Really?! So you use up a limited resource during peace times to have less of it during war times? Is that your logic?
for people looking at this and scratching their heads: buy the dip
Earlier quoted context omitted.
>My heart goes out for those poor miners slaving away for... what? coal?
... to appease Germany's environmentalists who saw shutting down working nuclear plants as a major win. (Yes, I know it's a different source of coal. But energy, in the age of oil tankers and thousand-mile pipelines, is fungible.)
https://de.wikipedia.org/wiki/Energiemix#/media/Datei:Energi...
(grey = wind, red = nuclear, black/brown = coal)
Both nuclear and coal are shrinking since ~ 2000 and both sources of energy have been replaced by renewables since then. Currently ~40% of power produced in Germany comes from renewables. Wind energy has become #1 source of power from 0 twenty years ago.
Earlier quoted context omitted.
National Security. Really?! So you use up a limited resource during peace times to have less of it during war times? Is that your logic?
Well, you probably already want working staffed coal plants when the war starts.
> Significantly, the Xinjiang and Sichuan regions of China combined account for more than 50 percent of the overall Bitcoin mining hash rate I don't get it, doesn't this effectively mean China can force a 51% attack by just strongarming the pools that operate there?
