Comment by vlovich123
5 months ago
In the US people are complaining about electricity like it’s a scarce resource while China has drastically overbuilt energy capacity (solar and nuclear) and gives 0 shits about AI or crypto. One of these approaches seems better thought through.
Fact- China is the number 2 bitcoin miner, and cares a great deal about AI and is only constrained by chip import restrictions
> solar and nuclear
And coal: https://www.carbonbrief.org/chinas-construction-of-new-coal-...
Right - because their nuclear power plant construction mechanisms are just starting to scale up and they need something to backfill baseload when solar doesn't cut it. Coal growth is still shrinking and will peak in 2030 at which point it will get squeezed out by all other energy sources.