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".