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by jefftk 747 days ago
> equipping it with bitcoin miners that can be turned on and off algorithmically to deal with the fluctuations in demand

Interesting that people are doing this! When I was thinking about this ~10y ago [1] the economics didn't work out because of how quickly the ASICs depreciated, but they've probably stopped getting better quickly by now?

[1] https://www.jefftk.com/p/balancing-the-grid-with-bitcoin

1 comments

If you find that interesting there are also mining bitcoin with gas that normally just gets burnt off at oil wells, rubbish dumps etc.
I dislike bitcoin but this one definitely makes the most sense.