One example is producing hydrogen from water with excess power. It can then be added to the natural gas network, or used by trucks or trains, or stored for a power plant.
It's great when we can use off peak energy for things like this, but they're not as easy to locate onsite as bitcoin miners .. and difficulty with transmission is a big part of the problem
If you live in a developed market with no need for the utility bitcoin provides, then to you bitcoin is only a waste of energy, and energy generation is a significant contributor to greenhouse gas emissions. In this case you see it as all cost and no benefit, and any counterpoint goes against your dogma, which is 'inconvenient' or irritating
One example is producing hydrogen from water with excess power. It can then be added to the natural gas network, or used by trucks or trains, or stored for a power plant.
Orkney is trialling this.
Charging cars, heating water in a well insulated tank
It's great when we can use off peak energy for things like this, but they're not as easy to locate onsite as bitcoin miners .. and difficulty with transmission is a big part of the problem
Electric cars have utility as we can use them to transport us from one place to another.
Bitcoin on the other hand is just a waste of energy
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Why not Bitcoin? You can sell it for cash. Do you not like cash? You can plant trees with cash or lots of other green things.
If you live in a developed market with no need for the utility bitcoin provides, then to you bitcoin is only a waste of energy, and energy generation is a significant contributor to greenhouse gas emissions. In this case you see it as all cost and no benefit, and any counterpoint goes against your dogma, which is 'inconvenient' or irritating
> a waste of energy Not if the energy is wasted anyway (or worse, costs money to get rid of).
> a significant contributor to greenhouse gas emissions Except if it is wind power.