Daniel Batten
Daniel Batten|Nov 10, 2026 16:12
New peer reviewed research gives insights into - how Bitcoin mining reduces curtailment of renewable energy - economically, why the network is now 59.4% sustainable energy-based (Cambridge) The paper notes: 1. A miner next to a wind farm can survive a Bitcoin price 45% lower than one running on gas 2. “mining can use surplus renewable energy during off-peak hours, reducing fossil dependence and potentially promoting renewables” 3. “mining loads can absorb excess renewable energy and enhance grid resilience” 4. “price-responsive Bitcoin mining can absorb excess renewables at low/negative prices, reducing curtailment” The paper is published in Renewable Energy which has an impact factor of 9.1, placing it in the top 3% of journals worldwide. It is the 32nd research paper showing either environmental or grid stabilization benefits to Bitcoin mining. Link to full paper in comments
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