Only just saw the video Riot posted as response to the NY Times article. Worth a watch.
https://twitter.com/RiotPlatforms/status/1645473961004892162
The “bitcoin wastes electricity” punchline is definitely a major embellishment embellishment *at best* but you have to admit it’s not a good look for mining facilities to accept local power prices. That’s a negative externality and needs to be acknowledged.
As for this video… what is the point this guy is trying to make? Of course computers don’t emit CO2, it’s the fossil fuel plants that (largely speaking) power them. Responses like this video make the industry seem silly imo.
Oh the brutality of autocorrect.
“accept local power prices” -> “affect local power prices”
In fairness their written response to the article is way way better and covers my concerns above. That video definitely has some eye roll moments tho https://www.riotplatforms.com/news-media/press-releases/detail/150/riot-platforms-inc-statement-the-new-york-times
