@darnell I find this approach a little weird. It is not a mysterty how much energy these mining facilities use. I work in the power industry, and there is a deliberate process to plan for and provide grid connections for crypto mining facilities. Futhermore, the power companies have data on how much energy is being used at each site. I'm not sure about the legalities of making this data public, but it's not like a mining site can hide what they are doing.
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Daniel Fisher (electrafish@social.electrafish.tech)'s status on Friday, 02-Feb-2024 07:17:36 JST Daniel Fisher - cool_boy_mew likes this.
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Darnell Clayton :verified: (darnell@one.darnell.one)'s status on Friday, 02-Feb-2024 07:17:38 JST Darnell Clayton :verified: If #Crypto mining uses too much energy in the #UnitedStates 🇺🇸, we could witness power companies cutting off electricity to these companies.
#CryptoCurrency companies would be wise to invest in solar panels or wind farms, as being off grid could be their only option a decade from now.
👉🏾 Crypto mines will have to start reporting their energy use in the US - The Verge https://www.theverge.com/2024/1/31/24057176/crypto-bitcoin-mining-survey-us-energy-information-administration