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Author Topic: Could eco-friendly pools like Terra Pool end the energy consumption discussion?  (Read 229 times)
buwaytress
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May 24, 2021, 03:19:01 PM
 #21

the chinese crypto ban only applies to farms that are in fossil fuel power station regions
and as of 2015.. yep 6 years ago mining farms in china were already positioning themselves in renewable regions

what the ban impacts most is not the farms but the isolated home hobby miners that cant just move to prefered locations

Hydropower mainly, yup. Cheapest form of energy in many regions there, with plenty of surplus, and for a time, easy to do really good corporate deals with the state governments. You'd definitely have to be a hobbyist or independent to still be trying out coal when there's plenty of cheap hydropower coming out from there from megadams. They switched one new megadam mid-last year, another mega one to come this July (yes, these actually also came at the expense of environment, special the 3 gorge dam project but that's the price they're paying for clean renewables).

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OcTradism
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May 24, 2021, 03:29:58 PM
 #22

Mining is an economic activity, and as soon as cheap electricity is available, mining activities will preserve it, meaning that mining activities are not focused on fossil fuels or an activity that destroys the environment, such as shale oil and others.
The more governments press for cheaper alternatives related to renewable energies, the more bitcoin mining will use them.
I also note that China may begin to reduce dependence on environmentally polluting activities by the year 2030, so we will witness a green revolution.

In general, environmental issues do not worry me because as I mentioned Bitcoin mining needs electricity regardless of its source.
China is hard to trust. They flip their opinion, plans all time. From environment, politics, economics and health issues. They are not transparent with things they are doing.

Same with Bitcoin, crypto and their regulations. It is best to see what will happen and not believe in what they announce.

Hydropower mainly, yup. Cheapest form of energy in many regions there, with plenty of surplus, and for a time, easy to do really good corporate deals with the state governments. You'd definitely have to be a hobbyist or independent to still be trying out coal when there's plenty of cheap hydropower coming out from there from megadams. They switched one new megadam mid-last year, another mega one to come this July (yes, these actually also came at the expense of environment, special the 3 gorge dam project but that's the price they're paying for clean renewables).
China has many hydropower plants and they have so many biggest hydropower plants on Earth. Their hydropower plants and huge dams make the ecosystem along the Mekong Delta become worse.

Their neighborhood nations complain too much with their megadams and serious changes for ecosystem there. China disclaim all of accusations with their dams.

They have the a huge hydropower supply on Earth.

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buwaytress
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May 24, 2021, 06:08:11 PM
 #23

China has many hydropower plants and they have so many biggest hydropower plants on Earth. Their hydropower plants and huge dams make the ecosystem along the Mekong Delta become worse.

Their neighborhood nations complain too much with their megadams and serious changes for ecosystem there. China disclaim all of accusations with their dams.

They have the a huge hydropower supply on Earth.

I don't disagree, but I don't know enough, I'll be frank.

My own island has huge issues with megadams (bad results and very poor transparency in the environmental impact assessment that have been linked to the beneficiaries of the project) but I think many other countries like the USA and India have also had some bad dealings with that and history forgets. Clearly, merely switching to renewable for the sake of it isn't the answer either, and developed economies have the privilege of not needing as much industry to develop (and the luxury of already ripping apart their original natural environments decades ago so they can lecture others from a position of comfort). We should then also talk about not knowing enough about environmental impacts of spent solar fuels in a decade or two, and apparently wind turbines as well.

But that's probably not the focus of the current direction of discussion (from the simple pov of energy source).

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May 24, 2021, 08:14:31 PM
Last edit: May 24, 2021, 08:40:09 PM by franky1
 #24

if you want to compare future events of china dams effects to the environment. just look at california now

california is always in "drought' not due to climate change of carbon chimneys.. but due to them damming up rivers meaning no natural flow of water through streams to irrigate land and allow for good evaporation
of the natural water cycle. nor allowing underground aquifer refills. so californians are sucking their land dry

so yes there is a big negative environmental factor when regions only water supply is sealed in pipes and sewers leaving land to not get any saturation through natural streams

but hey... electric companies are getting rich from 'climate grants' to build these dams while blaming it on carbon

the next era of 'climate gate' will be on sea water desalination to refill reservoirs as the lands downstream dry up too much and dont allow the water cycle (evaporation and rain) to refill the reservoirs naturally

but im digressing from the topic
bitcoin mining farms are already highly renewable.

other crapcoins like doge which are mainly mined from home hobbiests are actually more 'fossil fuel' powered

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
Twentyonepaylots
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May 24, 2021, 08:14:50 PM
 #25

When done in larger scales and widely adopted by all pools and mining platforms, yes. But the thing is, mining isn't the only thing that's deteriorating the ability of this planet to give life. Long before bitcoin these kinds of problems are already preexisting and is basically going on since time immemorial. What we need to primarily do is to have a means for us to harness electricity in much less invasive ways, renewable resources are a good example.
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May 24, 2021, 08:50:54 PM
 #26

When done in larger scales and widely adopted by all pools and mining platforms, yes. But the thing is, mining isn't the only thing that's deteriorating the ability of this planet to give life. Long before bitcoin these kinds of problems are already preexisting and is basically going on since time immemorial. What we need to primarily do is to have a means for us to harness electricity in much less invasive ways, renewable resources are a good example.

imagine you own a fruit stand. you pick 10 boxes of tomatos a day.
but at the market you only sell 9boxes. throwing away 1 box each day unsold

lets put this into money numbers. say each box is $10. with a $3cost$7profit a box
total costs are $30 total profit is only $61

however for the last 6+ years local miners have already been doing deals to buy up the final box that always goes to waste
meaning the tomato supplier is now getting $70 profit from the same capacity=14% more profit

swap tomato for electric. and you soon learn that bitcoin mining actually pays for renewable growth. along with other government climate grants

so its actually a benefit to everyone. apart from the residents who are going to see more drought

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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