Thread: Ethereum
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Old 10th January 2022, 18:24     #977
get to da choppa
An outfit is building a bitcoin mining container DC in clyde next to the clyde dam.
They are in cahoots with Contact energy to use it as an effective load balancer. It'll ramp up at night when capacity is high but demand is low, and ramp down during peak hours.
Contact win because it balances the load, and the network fees are basically paying for upgrading the substation to double the size they would have done otherwise, and the mining outfit wins because they get cheap power. It's a pretty cool system.
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