Did you ever wonder why people spent energy for Bitcoin instead of selling it to consumers and industries? It would clearly be more profitable right? You will be surprised to learn that they do when possible. They only mine Bitcoin when it’s the most profitable use of energy, which never happens unless Bitcoin is actually the only available option. People mine with energy they can’t sell or store for technical reasons. Whether that’s because there is not enough demand for it (Africa) or the facility is not connected to the grid. That means people mine Bitcoin with energy that would have been wasted otherwise. That’s neutral for climate
Of all the wild, unsupported, and desperate claims, this is definitely one of them.
That’s not how energy production works, that’s not how supply/demand works, that’s not even how the economics works
Maybe you’d use some other crypto, but that aside, while cool in theory, the whole Lemmy would probably have to be reworked from the ground up to rely on the blockchain you’re thinking of like Nostr (sorry, I don’t know what gave me the impression that it was a blockchain).
It should be possible to add the function in the current architecture instead, a bit like Misskey and others add extras such as reactions
You don’t really need Lemmy to change anything. Just have the user fill in a wallet field in their profile and Lemmy to have their own wallet address. Now, you can tip a user and have some of that go to Lemmy as well by specifying the ratio in the contract or even having it being customisable by the donor.
Bitcoin was invented exactly for use cases like this one
If only it wasn’t a climate crime with the unstable value
Did you ever wonder why people spent energy for Bitcoin instead of selling it to consumers and industries? It would clearly be more profitable right? You will be surprised to learn that they do when possible. They only mine Bitcoin when it’s the most profitable use of energy, which never happens unless Bitcoin is actually the only available option. People mine with energy they can’t sell or store for technical reasons. Whether that’s because there is not enough demand for it (Africa) or the facility is not connected to the grid. That means people mine Bitcoin with energy that would have been wasted otherwise. That’s neutral for climate
Of all the wild, unsupported, and desperate claims, this is definitely one of them.
That’s not how energy production works, that’s not how supply/demand works, that’s not even how the economics works
Maybe you’d use some other crypto, but that aside, while cool in theory, the whole Lemmy would probably have to be reworked from the ground up to rely on the blockchain you’re thinking of
like Nostr(sorry, I don’t know what gave me the impression that it was a blockchain). It should be possible to add the function in the current architecture instead, a bit like Misskey and others add extras such as reactionsYou don’t really need Lemmy to change anything. Just have the user fill in a wallet field in their profile and Lemmy to have their own wallet address. Now, you can tip a user and have some of that go to Lemmy as well by specifying the ratio in the contract or even having it being customisable by the donor.