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But if you are using traditional energy sources to run it all the time, it is no longer 'solving' the problem of burning off excess energy during peak renewable times.

Someone is having to build a lot of highly wasteful, redundant infrastructure.



Rational cryptocurrency mining firms can use the excess (unstorable) energy by converting it back to money (while the sun shines and the wind blows).

Money > Energy > Money

> Someone is having to build a lot of highly wasteful, redundant infrastructure.

We're nowhere near having the energy infrastructure necessary to support everyone having an electric vehicle yet.

Energy storage is key to maximizing returns from renewables and minimizing irreversible environmental damage.




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