Bitcoin mine
also referred to as: bitcoin mines
6 statements across 1 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement May 11, 2023 by Ben Hertz-Shargel · across every show →
Everything said about Bitcoin mine, oldest first
May 11, 2023 positive
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…”
May 11, 2023 negative
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…”
May 11, 2023 negative
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…”
May 11, 2023 neutral
May 11, 2023 neutral