From Mining to Mitigation: How #Bitcoin Can Support Renewable Energy Development and Climate Action

https://pubs.acs.org/doi/10.1021/acssuschemeng.3c05445

A new peer reviewed paper presents findings about #bitcoinmining. The Oct 27th paper is behind a paywall but I'll post the abstract below.

FWIW, like most of the things the globalists whine about, I think the climate "crisis" is mostly about money and control. But maybe this kind of stuff will at least shut them up about how bad bitcoin is...

Abstract

The world is currently facing a major issue of high emissions from fossil-fuel-based energy sources, which contribute to the persistent problem of climate change. A switch to a renewable-powered infrastructure is necessary to mitigate this challenge. However, the shift to renewable energy faces obstacles, such as high costs and economic uncertainties. This work proposes mitigation of climate change by investigating the potential for bitcoin mining to serve as a means of utilizing surplus renewable energy from planned installations before grid integration. The study’s findings indicate the potential for bitcoin to provide economic benefits as an alternative to grid-powered mining at planned renewable installations across the U.S. states. We show that states like Texas have the maximum potential, with 32 planned renewable installations that could generate combined profits of $47M using bitcoin mining during precommercial operation.