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China is kicking out more than half the world’s Bitcoin miners (cnbc.com)
10 points by hi5eyes on June 20, 2021 | hide | past | favorite | 1 comment


If cheap energy is the issue, bitcoin could eventually become a support program for clean energy:

https://ourworldindata.org/cheap-renewables-growth

One exciting technology which is underdeveloped is near-shore wave power, like the Pelamis Wave Energy converter:

https://en.wikipedia.org/wiki/Pelamis_Wave_Energy_Converter

https://www.youtube.com/watch?v=JYzocwUfpNg

It is in fact not commercially ready but what makes it really really interesting that wave power propagates in space and time to the shore, and therefore decouples the capture of the energy from its place and time of origin. This makes it an ideal filler for wind and solar, for times when the wind does not blow and the sun does not shine. It is also a good supplemental option for countries in the roaring fifties of latitudes, like Scotland, Norway, Canada, Argentina.




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