View Single Post
Old 08-10-2021, 06:48 AM   #1686
Fuzz
Franchise Player
 
Fuzz's Avatar
 
Join Date: Mar 2015
Location: Pickle Jar Lake
Exp:
Default

Plz stop.

Quote:
Three natural gas-producing sites in southern Alberta could host "up to one million" bitcoin mining machines relocated from China under a deal proposed by Nevada-based Black Rock Petroleum Company amid Beijing's ongoing crackdown on cryptocurrency production and trading.

"In China, they were using hydroelectric power for at least part of the year, and then the rest of the year they would be using Chinese coal, instead," he said of the energy source powering the computers used in the mining process.

"But if they're coming to Alberta and start running on natural gas all year round, it's not improving the situation of this network, which is already responsible for more CO2 emissions than we are saving with all electric vehicles around the world combined."
https://www.cbc.ca/news/canada/calga...106978?cmp=rss

I wonder if they factored in the increasing carbon tax...please tell me electricity producers pay a carbon tax...
Fuzz is offline   Reply With Quote