3 ms·
So... to break down the idea, it starts with redefining energy, then leans on that definition to justify making more bitcoin. What this means has nothing to do
by andagainagain 6y ago
So... to break down the idea, it starts with redefining energy, then leans on that definition to justify making more bitcoin.
What this means has nothing to do with energy, and everything to do with cost savings on bitcoin mining by intentionally increasing electricity load on a system based on electricity variation of renewables.
You can do that IF your goal is to get more bitcoin. But you're not storing energy by doing so. Electrically speaking, you are only a cost on the system.