Hacker News Reader

Do you think there are local bitcoin mining in the middle of, say, the Permian Basin?

One of the points missed in this conversation is that a lot of oil/gas drilling occurs in remote or inhospitable regions.

View on HN

I don’t think there is, but then if we’re talking about putting waste flare to use rather than release it into the atmosphere and pay hefty tax, I can totally see remote (even ocean) sites carry a standard container-worth of miners - potentially would pay for itself.

Edit: dropped a word

I'm curious why you think they haven't done so already? My guess is that the volatility of crypto creates too much risk for the infrastructure investment.

It’s too radical right now, while people mistakenly think that consumption of energy equals production of energy from dirty sources it probably won’t become the norm. But eventually it will.

There are companies that have solutions: https://ezblockchain.net/

Reply on news.ycombinator.com