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He's also missing that this extra load is driving base demand, which is a big driver of increased capacity installation. In some sense paying crypto miners (and
by snapplebobapple 3y ago
He's also missing that this extra load is driving base demand, which is a big driver of increased capacity installation. In some sense paying crypto miners (and factories, and increasingly amalgamated groups of home owners using smart thermostats to increase the set point 10-15 degrees higher, etc.) is the best solution until storage becomes viable. They are flattening the demand curve across the year when they drop off at high demand times and are there for the rest of the time, and that's actually pretty useful.