Peter Todd on Nostr: To be clear, in the thread you are replying to I was clear that renewables _may_ be ...

To be clear, in the thread you are replying to I was clear that renewables _may_ be used for hashing significantly during low cost periods, _in the future _. I'm not claiming that's a significant thing yet.

Right now the #1 renewable used for Bitcoin mining is probably still stranded hydro.

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nevent1q…483p

Yup. Unfortunately FPPS is a really valuable product for many hashers. Variance matters when you have bills to pay.

It's possible that increased usage of renewables helps change this, as then at least hashers won't be paying power bills. But a lot of them will still have used debt to fund their other costs...