Bitcoin mining can repurpose surplus energy that would otherwise go to waste, turning it into economic value. Here’s how:

1. Stranded Energy: Remote renewable energy sources like hydro, wind, or solar often produce excess energy during off-peak times. Bitcoin miners can use this surplus onsite, making these projects more viable.

2. Flared Gas: In oil extraction, unused natural gas is flared, wasting energy and emitting CO₂. Bitcoin mining can convert this gas into electricity, reducing waste and emissions.

3. Renewable Energy Stabilization: Miners act as “energy sinks,” using excess power from intermittent sources like solar and wind, stabilizing supply-demand mismatches.

4. Grid Balancing: During low-demand periods, excess energy is often curtailed. Bitcoin mining uses this energy, improving grid efficiency.

5. Economic Incentives: Mining creates demand for unused energy, making renewable projects more profitable and encouraging innovation.

By leveraging surplus energy, Bitcoin mining reduces waste, stabilizes grids, and supports renewable energy growth.

#siamstr #btc #bitcoin #nostr

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