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China already built 2 of the longest transmission lines in the world (~2000km), so location doesn't seem a huge issue. The question is - is the extra energy not being transported because there's an existing use for it (btc), or would it be generated and not used anyway. Or would the power plants just get shut down otherwise?


I know that we mine roughly 8% of bitcoin here in Iceland and our power comes from hydro as well.




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