[HN Gopher] Europe must ban Bitcoin mining to hit the 1.5C Paris...
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Europe must ban Bitcoin mining to hit the 1.5C Paris climate goal,
says Sweden
Author : nixass
Score : 25 points
Date : 2021-11-23 21:48 UTC (1 hours ago)
(HTM) web link (www.euronews.com)
(TXT) w3m dump (www.euronews.com)
| AtlasBarfed wrote:
| It would be more interesting to say you must run large-scale
| bitcoin farms off of 100% renewables.
|
| Or nuclear.
|
| But how would this be enforced?
| toomuchtodo wrote:
| Require miners run only when renewables are being produced in
| excess, where they otherwise would've been curtailed and
| consuming renewables wouldn't cause fossil generator to fill
| in.
|
| Mostly trivial with existing meter grade equipment, carbon
| impact and generation mix APIs, etc. Google uses electricitymap
| to shift workloads to minimize carbon emissions, for example.
| Asraelite wrote:
| It's nice to see that this is about proof of work mining
| specifically, as opposed to the blanket ban on all
| cryptocurrencies with environmental concerns being used as a
| thinly veiled excuse that we're seeing in some places.
| version_five wrote:
| I oppose carbon taxes (I don't want to get into that here); I
| also think bitcoin is stupid. But I see this kind of headline as
| an argument for a carbon tax. Trying to ban specific things is a
| silly political game of whack-a-mole - creating an exhaustive
| list of "bad" things is impossible and also overreach into
| telling people what to do. The better way (and I realize this is
| beating a dead horse) is to have the price reflect the
| externalities. Let people mine bitcoin or idle their car or
| whatever other thing they want, just make sure the cost they pay
| to do it properly reflects the all-in cost of the activity, and
| try to do it in a way that the poor are not disproportionately
| disadvantaged (whoops, that's a big part of my opposition).
| wmf wrote:
| So carbon tax and dividend.
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(page generated 2021-11-23 23:01 UTC)