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Looking back at how flexible bitcoin mining loads helped support the ERCOT grid this past Summer ..

1) Miners can regularly and consistently power down

2) Flexible bitcoin miners can act as some of the most responsive loads on the market

3) It’s Economics 101 2/n

1) Miners can regularly & consistently power down

This past summer, ERCOT experienced several days of record power demand. During that time, Lancium used its Lancium Smart Response™ software to dynamically adjust power usage at its Ft. Stockton facility during peak periods

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A thread on the energy transition, batteries and flexible #bitcoin mining loads …

Achieving net zero emissions means electrifying everything and adding new wind & solar that is clean - but unreliable

This creates a challenge to meet demand when wind & solar are low

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In IEA’s Net Zero Emissions by 2050 scenario, both Demand Response (DR) & Batteries will have an oversized role in providing flexibility to power systems comprised of mostly of intermittent wind and solar

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“Impacts of Large, Flexible Data Center Operations on the Future of ERCOT”, White Paper

Punchline - Adding 5GWs of more flexible #bitcoin mining load to West Texas by 2030 could reduce annual emissions by 3.9 million tonnes per year

Thread👇

lancium.com/press/flexible… 2/n
White paper seeks to quantify impacts of large flexible data center (DC) loads located in West Texas on overall carbon emissions of the 2030 TX power grid under 4 scenarios

1) a base case w/ no DC
2) 5 GW of inflexible DC
3) 5 GW of flexible DC
4) 5 GW of more flexible DC