Sometimes it is easy for people to mistakenly frame bitcoin mining as the panacea to fix all the problems of the future of energy grid.
Nobody is suggesting it will be the ultimate solution, but it will certainly be a key player in the future energy/demand mix.
Bitcoin mining will play a part alongside a host of other solutions such as hydro, pumped hydro, battery storage and hydrogen production to name just a few.
What is apparent, however, is that Bitcoin mining can help reinforce the economics behind all of these projects.
Flexible Demand-Side loads ARE the panacea for future energy grids, Bitcoin mining is not the ONLY demand-side flexible load. It is simply the BEST demand-side flexible load.
daz / Daz B
npub1jq…6akee
2024-04-01 02:28:34
Author Public Key
npub1jqckepsld3xn98aeq7yg72g0yrqkz92vegkv6k3prfhkzu356v5qa6akeePublished at
2024-04-01 02:28:34Event JSON
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"content": "Sometimes it is easy for people to mistakenly frame bitcoin mining as the panacea to fix all the problems of the future of energy grid. \n\nNobody is suggesting it will be the ultimate solution, but it will certainly be a key player in the future energy/demand mix.\n\nBitcoin mining will play a part alongside a host of other solutions such as hydro, pumped hydro, battery storage and hydrogen production to name just a few.\n\nWhat is apparent, however, is that Bitcoin mining can help reinforce the economics behind all of these projects. \n\nFlexible Demand-Side loads ARE the panacea for future energy grids, Bitcoin mining is not the ONLY demand-side flexible load. It is simply the BEST demand-side flexible load.",
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}