Reply to post: Re: Virtual money has real-world consequences

Dollar for dollar, crafting cryptocurrency sucks up 'more energy' than mining gold, copper, etc

adam 40 Silver badge

Re: Virtual money has real-world consequences

Surely this is just economics - the "cost" of the currency be it crypto pr precious metal based is dominated by the energy cost.

On a related note my parents dump their solar power into their immersion tank through a big resistor - and get paid for it too via the government subsidy. What if instead they put the energy into a water-cooled mining computer and dump the energy into the same tank? They'll get paid twice, and the heat generated is still the same except this time doing some useful "work".

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