Artemis3
Legendary
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Activity: 2030
Merit: 1563
CLEAN non GPL infringing code made in Rust lang
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March 10, 2023, 02:29:46 PM |
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Say NO to discrimination, this is a politician mistake, thinking some industry is "bad" and needs to be "punished".
Since when the IT industry is bad? Data centers and Bitcoin mining are the same, why the discrimination? So he prefers more polluting industry instead? Or he simply wants that wealth out of the country? Don't worry, those large miners have no trouble moving elsewhere, just look at what happened in China...
Until the mining profits are low enough that large operations become unfeasible, it will remain occurring somewhere in the world.. There is no need to do anything, as this activity is destined to dwindle over time, thanks to the halving, which is just a governor for the inevitable.
And what about those that built/purchased their own power plants? A century ago if a factory wanted electricity they had to generate it on site on their own. Grids became a thing later.
Why does Biden care if a nuclear power plant is destined for this and not a town? This is the socialist mindset. Some are even curtailing voluntarily and just use the excess. In the future when this operation isn't as profitable, the power plant may still be there to connect it to the grid after the mining operation is closed.
As always, the best is for the State to not meddle and let the free market do its thing.
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