Thanks for those perspectives. I looked into carbon intensity vs price of electricity for an article on the environmental impact of bitcoin mining. Here’s what I found:

Germany — Carbon intensity: ~400 gCO2/kWh, Price: 17 US cents/kWh

France — Carbon intensity: ~65 gCO2/kWh, Price: 10 US cents/kWh

Sweden — Carbon intensity: ~13 to 50 gCO2/kWh, Price: 7.4 US cents/kWh

Source: Electricity prices for non-households.

Where’s the lowest carbon place to mine your bitcoins? Carbon intensity of electricity for four countries. (Source: OECD)

Germany’s renewable energy transition (which so far has cost over €580 billion) has also made the cost of its electricity about four times more expensive than in China, and twice as expensive as in France (where you say nuclear has an economics problem).

Here’s a link to the original article:

Low-carbon bitcoin — cryptomining that doesn’t cost the world