How Bitcoin Mining Monetizes Grid Resilience, A National Defense Matter

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Reinforcing the grid so excess electricity is available during winter months is a matter of national security, mining can help.

Winter is coming, and with that means a shifting of demands for power and a reshuffling of power generation capacity. During the coldest months of the year the northern hemisphere receives less direct sunlight and shorter daylight hours, making winter a literal cold season for solar generation. With marked difficulty on infrastructure that is not weatherized to handle what the Iowan in me would call a “normal winter.

This means insulation for pipelines to prevent freezing and the formation of ice crystals – you’d be surprised at how much water can be found when things start freezing. Also meaning a need for hydraulic fluid of a lighter weight that is intended to handle cold weather and maintain its viscosity for lubrication & pressure distribution functions.

This can result in increased strain on independent service operators like ERCOT. But this strain is placed on ERCOT only when the individual power generation and distribution operators are not properly prepared. I do not know how well prepared the ERCOT grid has gotten since Winter Storm Uri, but with the continued complications in shipping and fulfillment of late, I would say it’s safest to assume that not all will be prepared for a potentially bitter winter to come.

By utilizing bitcoin miners we can have peaker plants and broad power generation facilities essentially “warmed up” and already providing flow of electrons and molecules to the effect that when winter weather demand strikes the only course of action is redirecting flow. Bitcoin miners are positioned to shoulder this burden better than any other industry today as they can shutdown and power on in a fraction of the time compared to other operations.

 

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