OPINION | Cryptocurrency mining could provide electricity demand when prices would otherwise dip to zero or negative, helping renewable energy sources remain pr
Tell me you know nothing about the current state of power storage technology without telling me you know nothing about the state of power storage technology.
I’m fully aware grid-scale storage has its challenges, but something as simple as heating water in a large boiler using excess capacity is more useful than mining crypto. Literally any other use is more useful to humanity than crypto.
Furthermore, practically giving that excess power to useless crypto farms will discourage investment in grid-storage which is something we desperately need.
Edit: After looking at your profile history, I’m banning/blocking you on my instance. So if you reply and I don’t, it’s both because I don’t care and won’t see the response anyway.
We don’t have to make everything about profit, if a company can afford to operate and pay their employees a living wage they’re a success. They don’t need to make tons of extra money on top of that
They don’t need to make tons of extra money on top of that
Surplus can go into research, innovation, growing the business, etc. But I agree, they don’t NEED to do anything, they should be free to run their business however they want.
Edit: After looking at your profile history, I’m banning/blocking you on my instance. So if you reply and I don’t, it’s bot because I don’t care and won’t see the response anyway.
That’s fine, it’s enough if others can see how willfully ignorant you are.
This “tell me you … without telling me …” phrase often comes out of know-it-alls who at the same time as putting down others’ knowledge; come across as smug experts who have nothing better to say than to trot out this phrase.
I think you need to update your thinkinghttps://octopus.energy/press/believe-it-or-watt-octopus-energy-customers-provide-108mw-of-grid-flexibility-in-first-saving-session-equivalent-of-a-gas-power-station/ - this is from a year ago, things have got bigger since then with more customers making cash through using their solar batteries in forced charge/discharge mode.
Tell me you know nothing about the current state of power storage technology without telling me you know nothing about the state of power storage technology.
I’m fully aware grid-scale storage has its challenges, but something as simple as heating water in a large boiler using excess capacity is more useful than mining crypto. Literally any other use is more useful to humanity than crypto.
Furthermore, practically giving that excess power to useless crypto farms will discourage investment in grid-storage which is something we desperately need.
Edit: After looking at your profile history, I’m banning/blocking you on my instance. So if you reply and I don’t, it’s both because I don’t care and won’t see the response anyway.
I guess you don’t understand economics. Solar power providers should boil water instead of being profitable!
We don’t have to make everything about profit, if a company can afford to operate and pay their employees a living wage they’re a success. They don’t need to make tons of extra money on top of that
Surplus can go into research, innovation, growing the business, etc. But I agree, they don’t NEED to do anything, they should be free to run their business however they want.
Yeas, when prices go negative in my country Home Assistant absolutely does switch on my electric water heater. It save me substantial amounts.
That’s fine, it’s enough if others can see how willfully ignorant you are.
Put your fingers in your ears if you want.
I’m not the one who ignores reality.
This “tell me you … without telling me …” phrase often comes out of know-it-alls who at the same time as putting down others’ knowledge; come across as smug experts who have nothing better to say than to trot out this phrase.
Lol, you’re defending this:
Indeed, we don’t have those ways yet. Not deployed sufficiently anyway.
I think you need to update your thinkinghttps://octopus.energy/press/believe-it-or-watt-octopus-energy-customers-provide-108mw-of-grid-flexibility-in-first-saving-session-equivalent-of-a-gas-power-station/ - this is from a year ago, things have got bigger since then with more customers making cash through using their solar batteries in forced charge/discharge mode.