So ignore the root cause altogether, lol. And when we've banned crypto mining and accrued even worse social costs as a result, we'll rinse and repeat this process with the next ".*damage" power consumer. Totally sane!
So ignore the root cause altogether, lol. And when we've banned crypto mining and accrued even worse social costs as a result, we'll rinse and repeat this process with the next ".*damage" power consumer. Totally sane!
> There is considerable evidence of concentration of mining operations in particular locations, typically where reliable electricity is cheaply available, though, precise data are lacking (e.g., [15], [6]). In the US, perhaps the most well-known concentration is the Mid-Columbia Basin area in central and eastern Washington State, where cheap electricity is produced by hydropower along the Columbia River [4], [6], however, mining in other US locations also occurs (see [11] and news references in [23], [24], and [25]).
> emissions rates per kWh will differ substantially given underlying differences in how power is produced—i.e., China relies extensively on coal power (>60% of electricity generation) while the US is more balanced (32% natural gas, 30% coal, 20% nuclear, etc.).
Saying they ignore this is just a lie. Criticize the paper, by all means, but this simply isn't a hit piece. It's careful in stating exactly what it can commit to, and it reasonably tries to explain how that fits into the bigger picture.
Could you describe what social costs we'll have by banning crypto mining?
The planet is burning, the cost of enforcement will be worth it.