3 ms·
This is called "Demand Response" and it's an important part of grid management. For example a factory will agree to decrease consumption when asked in exchange
by timoth3y 6y ago
This is called "Demand Response" and it's an important part of grid management. For example a factory will agree to decrease consumption when asked in exchange for lower rates.
Too much power is usually handled in the generation side by incentivize producers to scale back generation or even paying to have them take a plant offline.
For a bitcoin mining operation, I suspect it would not be profitable to have all that equipment sit idle except when there is an oversupply of electricity.
- fiddlerwoaroof 6y agoI was thinking that if you built for peak load, you could reduce the idle time to four hours or so a day.
- prox 6y agoAnother way to change this : Could crypto not make useful calculations instead of useless calculations? Like protein folding for example?