Study: Bitcoin Mining Could Enable Grid Stability and Clean Energy Integration
• New paper argues Bitcoin mining can support clean energy grid integration and stability as an interruptible, swift-responding load • Authors include Bitcoin advocates like Nic Carter along with former ERCOT president Brad Jones • Paper provides case studies of Bitcoin miners doing demand response in Texas, showing flexibility • Findings contrast anti-crypto politician arguments that mining strains grids and worsens climate change • Researchers conclude Bitcoin's energy and climate impacts may be more nuanced than often claimed