HN user
In my experience, getting a bad hire is worse than not hiring at all. It takes a huge amount of resources to properly onboard a new team member, and then if they are not performing well the work they were doing ends up becoming a liability instead of an asset to the team.
5% on top of the Stripe fee? That seems extremely high - do you actually have customers willing to pay that?
I don't think this will work out for several reasons:
1) Peak power usage is when people are awake - this is when you want transactions to happen.
2) This wouldn't reduce the need of peak plants, since you aren't generating power when mining for bitcoin. How would increasing overall energy consumption require less energy generation? If renewables could ramp up/down quickly and not be dependent on external factors - that would remove the need for current peak plants - which is usually nat gas.
Extremely rapid growth in assets when wages are not increasing at the same rate is what hurts younger generations.