How #bitcoin#mining can support the #energy transition:
✅ As a highly predictable and scalable demand response asset;
✅ Providing additional demand for cheap, underutilised electricity.
Read full article by @WoodMackenzie here: https://t.co/gO2IFDxGWI
@marcrjandrew Right. In addition, it can't be called a waste: #bitcoin represents the only way people can transfer money around the world without intermediaries while preserving their privacy⚡️
[One Single Ingredient]
Pic 1- June 2018 1MW Test
Pic 2- March 2019 - 5MW Test
Pic 3- March 2020- 64,000 S9 installed
Pic4- March 2022 -700 MW Bitcoin Mining Facility
People Make This Happen - Really Amazing People!
#Bitcoin#Team#SaturdayMotivation
Il centro di #mining si attiva al verificarsi dei picchi di produzione #eolica per monetizzare l’ #energia in eccesso della #centrale. Picchi di produzione eolica: https://t.co/7flpYoLSlx #bitcoin
I picchi di produzione e la difficoltà di immagazzinare l’ #elettricità rappresentano problematiche importanti per le centrali #eoliche. Il #mining di #bitcoin risolve tali problematiche consentendo alle centrali di avere una richiesta di #energia on-demand #EnergyMed
Consuming otherwise flared gas to contribute hashrate to the Bitcoin mining network allowing O&G producers to increase oil production - a poetic example of the path to an energy independent sovereign nation