Alexander C. Kaufman
@kaufman
Good thread here from a trusted energy researcher on how crypto mining companies can avoid the cost of new power plants by implementing flexible loads — essentially turning operations off at certain times when the grid is overburdened. Curious what those of you in the industry think https://x.com/tylerhnorris/status/1913249461091840195?s=46
4 replies
0 recast
14 reactions
Señor Doggo
@fubuloubu
There have been some really interesting articles about miners in remote locations helping collect some economic value from otherwise worthless off-gassing sites. There's also using miners in offs peak times to load balance electrical grids (especially those using wind/solar) My personal favorite is heating your apartment in the winter with miners though. Earn money to offset heating cost
1 reply
0 recast
0 reaction
Señor Doggo
@fubuloubu
Bitcoin miners have stopped increasing their complexity at egregious rates, you can profitably mine for a couple years now on same hardware I think also tariffs changes the calculus there for the better. CapEx on mining equipment goes up, so less people buy new stuff, and therefore the arms race in miners goes cold a bit. Which is great, because e-waste is actually the bigger environmental factor rather than grid usage
0 reply
0 recast
0 reaction
