China still burns a shit ton of nasty poorly regulated coal. The hydro (and in the near future nuclear) doesn't cover the growing needs of 1.4b people.
Coal is literally like 3/4 of China's electric generation capacity. If Bitcoin is taking up some of the hydro, the slack is gonna come from coal.
Coal is literally like 3/4 of China's electric generation capacity. If Bitcoin is taking up some of the hydro, the slack is gonna come from coal.