Bitcoin Mining as a Grid Stabilizer: A Gamechanger for the Energy Transition? ⚡🌱
Bitcoin mining often has the reputation of being an “energy guzzler.” But what many don’t know: Mining can have a grid-stabilizing effect – and thus support the expansion of renewable energies.
How does it work?
Energy sources like wind and sun ☀️🌬️ don’t deliver power consistently – this leads to grid fluctuations. Normally, expensive battery storage or power plants act as buffers – but there’s another way:
•Flexible Load: Mining facilities can adjust their consumption within seconds ⚙️. This way, surplus green energy is used directly.
•Additional Revenue Stream: Mining generates revenue 💰, which can help finance the expansion of solar and wind power.
•Fewer Fossil Backup Power Plants: Instead of coal & co., surplus electricity simply goes into mining ♻️.
Texas as a Model:
There, miners use wind and solar energy – and switch off at lightning speed when needed. This keeps the grid stable ⚖️, electricity affordable – and the energy transition moves forward.
Conclusion:
Bitcoin mining could go from climate villain to climate savior.
Underestimated opportunity or overhyped promise?
#Bitcoin #EnergyTransition #GridStabilization #Mining #Texas #Innovation ⚡♻️
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Replies (1)
Totally agree... Great video by nostr:nprofile1qqs034ppyjnjakycjcj84kgj737aw6kxkmxazrlp0r67qjk0atgdfgspz9mhxue69uhkummnw3ezuamfdejj7qg4waehxw309aex2mrp0yhxgctdw4eju6t09uuzmtx5 shows this in action 💪
https://youtu.be/J2K1fgVyh5Y?feature=shared