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Re:SolarBatteryBitcoin by 314 on Thursday April 22, 2021 @01:45AM (#26899165)
Adding an elastic demand sink to a peaky supply in a way that is profitable is quite interesting. Joules that are not used at all are wasted. This converts that wasted generation into cash allowing expansion of the facilities and more Joules overall.
Re:SolarBatteryBitcoin by Yizahi on Thursday April 22, 2021 @07:24AM (#26901474)
But it's not elastic. Or rather - it can be elastic theoretically but it will never be. If you have a cheap or even negative energy generation during peak generation hours and decide, hmm, I can run some hashing meanwhile without affecting demand. Ok, but then why would you turn off during peak demand hours? Why would you turn it off at any time? Why would anyone? It's still profitable, so everyone will run hashing 24/7. Just like today.
Re:SolarBatteryBitcoin by scotty79 on Thursday April 22, 2021 @06:27AM (#26901085)
You can even drop the battery completely and keep the same dynamics.