Alberto Ruiz
"But Bitcoin is a great way to monetize excess renewables"
No, this was never true. If you make a capital investment in a mining rig, then you want that rig making you money 24hrs, not just when the rest of the grid is not consuming renewables.
You become a baseload leech.
Bitcoin must die.
https://social.platypush.tech/@blacklight/111028903112151981
Alberto Ruiz
@tecnijota not that easy though, you need an already existing pair of reservoirs, and enough water on the lower one otherwise you have to desalinate water which is energy intensive as well so now you have the same problem as with a bitcoin rig, are you going to use all that new infra only on curtailment periods?
Jorge 🇺🇦🇪🇺🏳️🌈
@aruiz besides, if you’ve got excess renewables, fucking pump water uphill to a reservoir.
clacke
@tecnijota @aruiz That's an excellent idea if you have a reservoir, basically the benchmark against which other storage methods are measured.
Many places don't have pumped hydro though, or don't have pumped hydro without wrecking the landscape.
What are some good heavy energy uses that don't come with heavy capital investment, that wouldn't be forced to be productive even outside peak production vs consumption?
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