cliffbjanger on Nostr: And it's not really relevant how many kWh the bitcoin network consumes. The main ...

And it's not really relevant how many kWh the bitcoin network consumes. The main question should be - what type of energy is used to run the network? Check the hashprice and it should be evident - miners cannot compete for power where and when there is high demand. If you have a run-of-the-river hydro plant, a windfarm or a solarfarm, well then the energy is produced then and there. There are times and places where there are no buyers of their energy - so in what sense is it a problem for anything that a bitcoin miner comes in and buys that energy? And then it becomes completely stupid to compare the energy consumption of the network with that of a country. It's all so tiresome..