@feld@bikeshed.party my problem with that excess energy dump, is that if it gets deployed widely enough, the floor of electricity prices essentially gets tied with the prices of cryptocurrencies, and honestly, they are way too unstable in their pricing, so much so that the instability would likely adversely impact most people. Energy price spikes are really not that fun to deal with (👋 from where electricity price spiked to 0.62€/kWh for an hour, together with general price rises overall), and coupling that with the potential explosive growth of cryptocurrencies (what was the last big BTC growth, 10x or so?), it would have the ability to fuck with the energy markets to some insane amounts.
Now, what I'd really would like to see, is a batch job server provider, that would change pricing every hour depending on the electricity prices, and you could ask them to run some batch jobs at a set price, and they'd run it at the time that they can do it for the price. Would help kinda in the same way as bitcoin energy dump, but for actually useful computations.
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Ignas Kiela (ignaloidas@not.acu.lt)'s status on Saturday, 08-Jul-2023 23:03:28 JSTIgnas Kiela