this post was submitted on 09 Feb 2024
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Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption (www.tomshardware.com)
submitted 10 months ago by [email protected] to c/[email protected]
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[–] [email protected] 8 points 10 months ago

The tax will just be the cost of doing business. But surely "tHe MarKeT" will correct this by finding cheaper non carbon transport sell a cheaper product.

Personally I support tax of fossile and subsidization of alternatives. Worked like a charm to electrify Norways car park.

The cons are however that increased demand for electricity means building wind, hydro, solar power, with a huge cost to local environent both in most land and the diesel used by construction euipment