Bitcoin Mine
topic on 1 show · 6 statements across 1 episodes
6 statements about Bitcoin Mine, every show
Hertz-Shargel: Flared-gas Bitcoin mining appears to offer a net emissions benefit
“My understanding is that flaring is very kind of deeply imperfect in that you do a lot of methane leakage or more than you'd want, and that if you are properly capturing this flared gas, this gas, and you can run it through, you know, a sort of a gen set to, a…”
Hertz-Shargel: Siting Bitcoin mines beside existing renewables merely displaces clean power
“The reality is that The total number, the total amount of load on the system has grown, and therefore all you've done is displaced other customers who would be served by that renewable generation. So it's, and so your number of pigeons has grown, and so you kn…”
Hertz-Shargel: Major Bitcoin mines are not signing offtake PPAs with new renewables
“So they are not signing new PPAs with new wind to as off takers to kind of make these plans happen. They're signing PPAs with retailers and utilities mostly conventional types of deals, such as being put on base interruptible rates. So, you know, it provides d…”
Hertz-Shargel: Most Bitcoin mines can shed nearly 100% load in seconds
“Most mines can drop up to close to a hundred percent of their load within seconds, if not minutes.”