3 ms·
But renewable is all wasted if there is no demand. Hydro power used for bitcoin mining doesn't find a new user immediately if bitcoin stops and the power can't
by celticninja 7y ago
But renewable is all wasted if there is no demand. Hydro power used for bitcoin mining doesn't find a new user immediately if bitcoin stops and the power can't be stored long term so it can be wasted.
- ben_w 7y agoHydro is the one type of renewable with built-in long-term storage.
- celticninja 7y agoI think you misunderstand. Once the power is generated it can't be stored for long. And I understand your point but you can't hold water in a reservoir/dam indefinitely, at some point you either use it to generate power or you let it flow through without generating power because otherwise the dam overflows.