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

The cryptocurrency sector has responded enthusiastically to our study. The constructive engagement is appreciated, and at the same time, it's important to clarify a few key points made in this latest media coverage. 🧵https://t.co/Qc9CyslhD0 https://t.co/saH8tSiFQB

Tyler Norris

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

Reporter and writer. I cover energy, climate change and geopolitics. Contact me via my website www.alexanderckaufman.com and subscribe to kaufman.substack.com.

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.