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Having to pay for giving solar energy back (reddthat.com)

submitted 2 months ago by Boomkop3@reddthat.com to c/technology

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it's weird, but legal for some reason. Giving back energy to the grid can cost money. Shy of just stacking a bunch of batteries, what could I do with the spare summer sunlight?

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[–] SpaghettiYeti@lemmy.world 1 points 2 months ago (1 children)

Dude, we're just talking about using your extra energy to mine coins and sell it to someone else who is willing to buy..

[–] Boomkop3@reddthat.com 0 points 2 months ago (1 children)

mining isn't just magically making coins. it's verifying transactions in return for donations. Knowing most transaction s are sketchy means I'd knowingly be enabling that

[–] SpaghettiYeti@lemmy.world 1 points 2 months ago (1 children)

Please provide sources on how mining a sand coin, etherium, dogecoin, algorand, Solana, or any other coin is doing this.

I realize it's used for money laundering at times, but I'm missing connections here.

[–] Boomkop3@reddthat.com 1 points 2 months ago* (last edited 2 months ago)

It's not the coins themselves, obviously. People use crypto in plenty of dodgy ways. Most common crypto scams from the top of my head: rug pulls, nft's, play-to-earn, crypto exchanges blocking people from withdrawing but allowing transactions into Russia, people buying and selling on the black market.

I've seen all of these happen, and it's still an issue. I don't want to be enabling that

inb4 "nft's aren't inherently bad". It's not much different from the art industry. lots of laundering and tax avoidance there