> Bitcoin mining would itself encourage greater energy production Bitcoin does n... | Hacker News

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		eeZah7Ux on Jan 17, 2021 \| parent \| context \| favorite \| on: Bitcoin emissions alone could push global warming ... > Bitcoin mining would itself encourage greater energy production Bitcoin does not generate energy - it consumes it. And the world does not benefit from any encouragement to produce and consume more energy.

dane-pgp on Jan 17, 2021 [–]

> the world does not benefit from any encouragement to produce and consume more energy.

Due to the way economies of scale and learning curves work, there might actually be some benefit from encouraging production of renewable energy.

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