Quote from: NotATether on September 05, 2022, 11:51:10 PM

Quote from: LegendaryK on September 05, 2022, 05:33:20 PM

People lives are worth more than btc,
so when the power rationing increases as it will because of energy mismanagement by the world governments.
They will ban PoW, to save as many people as possible.

If you look at https://poweroutage.us/
Texas right this second has ~27000 homes without power,
Arizona has ~21000 homes without power
California has ~12000 homes without power. (Where they are already begging people not to charge their electric cars.)

Bruh.

Where I live, my whole area, a 6-mile radius, just got its power cut off for 6-12 hours/day for the past week (welcome to Africa). And this is when the temperature outside is 10-15°C and I don't see people around me starving or freezing to death just because of electric bills becoming "expensive". If I add up all the houses in my town that have no power at any given time, it's a similar amount to your numbers above, and again I don't see people becoming desperate because of that.

What you have described, is exclusively a first-world problem. Not energy mismanagement, but panicking about electricity. Here we have a saying: "Live one day at a time".

Dude , you already live in a 3rd world country, if you got power only 12 hours per day.
How many btc PoW miners are in your area? Hmm?
None, I imagine, because you can't keep the power on.

I would doubt people are freezing to death at 10-15°C , however -15°C is another story.
Hopefully your area does not get that cold naturally, however the US and Europe can easily hit that # and lower.

Starvation to Africa will come from lack of fertilizers, and problems transporting food to population centers.
When the power is off 4 days, your food in the freezers are gone.
Unless of course you are 3rd world enough to just go outside and slaughter a fresh goat when hungry. Wink

Quote from: NotATether on September 05, 2022, 11:51:10 PM

Quote from: LegendaryK on September 05, 2022, 05:33:20 PM

Plus an early warning has already started for PoW,
the prelude to the bans,
Energy Utilities raising the energy rate so high, that the miners just shut down.

There's no correlation. Miners shut down operations because of high power all the time. Why didn't you mention any EU meeting or something like that? Roll Eyes

Your ability to ignore what is in front of you is amazing.
Mining firm closes does in Georgia, because the energy prices doubled.
Mining firm claims they are moving to Texas, Texas already has rolling blackouts.
What this means is they miners moving to Texas will make the energy problem in Texas even worse.
Also meaning that the Texas Grid comes 1 step closer to failure, and your precious miners having no where let to go.
Think about it , if Texas grid goes to failure, the transformers will be down for 2 or 3 years before repair.
No country in their right mind will allow PoW mining in their county after they see that happen.

Quote from: NotATether on September 05, 2022, 11:51:10 PM

Quote

Their are no 1st world countries anymore, starting this Winter, every country on the Planet is a 3rd world country unable to keep the power on 24x7 for it's citizens. Tongue

Great! I'll assume you have made a contingency plan for what to do when your utility starts switching off your power for entire days at a time. /sarcasm

Yes,
Generac whole house battery backup, with Gas powered Inverters to maintain the backup, with enough Gas stored for a year.
I assume you are keeping a herd of goats in your front yard, eat the males, drink the milk from the females, and burn their shit for warmth.
So we are both ready. Cheesy