Damus
Daniel Batten · 5w
I am convinced that once Bitcoin mining is accepted as a necessary grid stabilizing and renewable expansion technology, the world will be able to finally accept Bitcoin as an important and impactful t...
Roger profile picture
Tariff rules decide that argument far more than the hardware does. In most markets a mining load cannot bid into demand response at all, so it earns nothing for cutting back when the grid is tight. Until that changes, grid service stays a talking point instead of a revenue line.
1
Daniel Batten · 5w
Demand response is only one side of flexibility. Grids are also willing to pay Bitcoin mining companies to absorb excess load. Sweden is already paying for this for example. They used 14 MW of Bitcoin mining from Flexionics, and used the service 11,245 times last year, some for DR, mostly to absorb ...