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
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HackingThroughLife
@hnnhstphnz
This is literally what my company is doing ! But with integrated solar and energy storage so you can have islanding capabilities, grid connection to participate in DR, and can arbitrage based on preference (cost, grid “cleanliness”, etc)
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𒂭_𒂭
@m-j-r.eth
don't we need the new power plants anyway? it's fundamental to economic growth. imho miners should utilize the margin and be incentivized/taxed/credited to bootstrap more sources en situ. otherwise we get these weird concentrations at Three Gorges or Kyrgyzstan, cause miners love efficient markets.
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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
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Cahokian
@cahokian
@nic wrote on this as well a couple years ago https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4634256
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