2min chapter

Coin Stories with Natalie Brunell cover image

Bonus: Nic Carter Article on WH Report on Bitcoin Mining Climate Impact

Coin Stories with Natalie Brunell

CHAPTER

The OSTP Report - Bitcoin Miners Aren't Subsidizing New Renewables

The OSTP claims that buying renewable power just forces other grid consumers to buy thermal power, so it's awash. This assumes wrongly that Bitcoin miners aren't subsidizing the addition of new renewables in any way. Miners are a uniquely responsive load that can enhance grid flexibilization.

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