> Environmental externalities from cryptomining may be large, but have not been linked causally to mining incentives. We exploit daily variation in Bitcoin price as a natural experiment for an 86 megawatt waste coal-fired power plant with on-site cryptomining. We find that carbon emissions respond swiftly to mining incentives, with price elasticities of 0.69–0.71 in the short-run and 0.33–0.40 in the longer run. A $1 increase in Bitcoin price leads to $3.11–$6.79 in external damages from carbon emissions alone, well exceeding cryptomining’s value added (using a $190 social cost of carbon, but ignoring increased local air pollution). As cryptomining requires ever more computing power to mine a given number of blocks, our study highlights both the revitalization of US fossil assets and the need for financial industry accounting to incorporate cryptomining externalities.

Pretty sure someone called it earlier this week that those articles will start to popup here and there.

https://www.sciencedirect.com/science/article/abs/pii/S0047272723001858

Nice autumn colors.

True specially nowadays. Hopped into a ferry from Helsinki to Tallin and then trains from to Vladivostok stopping among the way. Crossed who knows many timezones. Met people. Way before Bald and Bankrupt was popular. Then flight to Narita, then US and back home.

Very hard to do these things nowadays.

Some random square in Irkutsk, Siberia around 2018. Simpler times.

BRB buying the next model with 96GB.

Disagree. Normalize running nodes on ESP32s.

I used to agree on dunking on Pi’s but nowadays I think if your software can’t run properly on the lower common demoninator that is the RPI4 then lets say its not the hardware that is trash.

Don’t be hard on commies.

For a moment before the image loaded I thought you were lewding Frieren.

CAPS ODELL IS THAT YOU?

Nobody expect bitcoin dad jokes.

Why is 3000 so popular.

Come to Poland.

Running Liquid. What now?

👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾 👾

https://m.youtube.com/watch?v=WhaVFlSxmjk nostr:note1vjzxuhd8uhtzzgtnx4nt4k406ax4yaa4s45upg3p53wfk40pffvs96hp9l

I forgot to mention Shy.

I thought I was going to hate 16bit but the computer references are entertaining.

I heard bloom is absolutely terrible.

comfy season. Frieren, Goblin, Paladin, Shadow and 16 bit so far

Plan on hiring? Asking for a Linux and cloud infrastructure bitcoiner friend.