Nic Carter, other pro-Bitcoiners fight climate impact…
0 reactions
Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper
A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet.Bitcoin mining is a “critical tool” for clean energy and balancing the grid, according to a new working paper penned by Bitcoin
BTC
$37,132
advocates and the former president of the Electric Reliability Council of Texas (ERCOT), the operator of Texas’ electrical grid. The Nov. 22 paper titled “Leveraging Bitcoin Miners as Flexible Load Resources for Power System Stability and Efficiency” argued that Bitcoin mining’s inherent interruptibility and swift load response capabilities could enhance grid flexibility to better integrate variable renewable energy sources.
Authors of the working paper included Nic Carter, Castle Island Ventures partner; Dennis Porter, the CEO of Satoshi Action Fund; Murray Rudd, a science adviser; Shaun Connell, executive vice president of power at Houston-based tech company Lancium; and the former ERCOT president and CEO Brad Jones, who recently passed away.
A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet.Bitcoin mining is a “critical tool” for clean energy and balancing the grid, according to a new working paper penned by Bitcoin
BTC
$37,132
advocates and the former president of the Electric Reliability Council of Texas (ERCOT), the operator of Texas’ electrical grid. The Nov. 22 paper titled “Leveraging Bitcoin Miners as Flexible Load Resources for Power System Stability and Efficiency” argued that Bitcoin mining’s inherent interruptibility and swift load response capabilities could enhance grid flexibility to better integrate variable renewable energy sources.
Authors of the working paper included Nic Carter, Castle Island Ventures partner; Dennis Porter, the CEO of Satoshi Action Fund; Murray Rudd, a science adviser; Shaun Connell, executive vice president of power at Houston-based tech company Lancium; and the former ERCOT president and CEO Brad Jones, who recently passed away.
| 9,000 mlx | |
| 9 | |
| 0 |