
Brett Winton
@wintonARK · May 20, 2021
Previously, we demonstrated how bitcoin minting could allow solar + battery systems to economically scale to provide a larger share of grid energy.
As expected (in this update) the result holds across different historical bitcoin pricing/hash timeframes
Sam Korus@skorusARK· May 20, 20211/ @wintonARK, @yassineARK, and I just posted an incremental update to ARK's open-source Solar+Battery+Bitcoin mining model, which now allows one to test how the system would have performed in historic Bitcoin bull and bear markets.
Elon Musk
@elonmusk
I agree that this *can* be done over time, but recent extreme energy usage growth could not possibly have been done so fast with renewables.
This question is easily resolved if the top 10 hashing orgs just post audited numbers of renewable energy vs not.
08:00 PM · May 20, 2021 · 0 views
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