Power consumption of bitcoin mining keeps going up. And will continue to go up as bitcoin usage and price increases. This have harsh enviromental implications. Is there a way to reduce power consumption or are there plans to switch to a more eco-friendly way of mining bitcoin?
I think this problem could be solved by the RIG developer itself.
Such as nvidia and amd, they should create a powerful vga with low power, so bitcoin mining will not consume not so much energy
that has already addressed 5 years ago. ASICS are more efficient than GPU's. your about 5 years behind in the research.
and as for others.
solar is cleaner than coal. but not as effective. as others have said. when its winter there is less sunlight (shorter daylight hours) the roof may be covered with snow so need ongoing cleaning. thus the season that requires more energy due to more dark night hours needing houselights on for longer, heating, etc.. is actually getting less energy production due to less daylight and snow and left over autumn leaves covering roofs
where as hydro is better. because even when a reservoir uses the water to turn a turbine. that is not the end of the story for that water.
that same water can be reused. it doesnt have to just be released to a river by law. it can be re-stored downstream and then pushed through another set of generators... repeat repeat repeat.
meaning 1 gallon of water is not just 1x electric. but that same water can be recycled x*y with y being the number of generators downstream
